NQ Mobile Inc (NQ) And China Telecom Ink Deal

NQ Mobile Inc (NQ) And China Telecom Ink Deal

NQ Mobile Inc (ADR) (NYSE:NQ), a well-known mobile Internet services firm, announced a partnership with China Telecom Corporation Limited (ADR) (NYSE:CHA) (HKG:0728) on Wednesday, August 20th. The partnership combines NQ Mobile’s vLife technology with China Telecom’s best-selling “E Surfing” product. According to the terms of the deal, vLife will become the new user interface for the mobile cloud platform, making it possible for China Telecom to offer a variety of dynamic content, user recommendations and a range of promotions on wallpapers and theme galleries.

Further details of the new partnership agreement were not publicly released.

Details on vLife interactive wallpaper

NQ Mobile (NYSE: NQ)‘s innovative vLife interactive wallpaper is a well-known promotional tool in China, and is already commonly used by film studios as part of their public relations efforts for major motion picture releases. The new technology also offers NQ Live, a unique platform for immersive real-time content and application experiences. Manufacturers such as ZTE, Lenovo and Huawei are all including NQ Live in many of the high-end products, and it is also providing the next generation of Sprint ID (Sprint Live).

ExodusPoint Adds 4.9% In 2021 On Rates Volatility [Exclusive]

Michael Gelband's hedge fund ExodusPoint ended 2021 on a strong note after its Rates strategies contributed 1.16% to overall performance in the month. According to a copy of the fund's December update to investors, which ValueWalk has been able to review, the ExodusPoint Partners International Fund Ltd rose by 1.95% during December, bringing its year-to-date Read More

Details on E Surfing

E Surfing is one of China Telecom’s most important new products, and is designed to help satisfy the dramatically increasing demand for converged information services. The new mobile cloud platform provides a unified internet experience via its website and mobile client. E Surfing brings together the functionality of an easy to use mobile desktop along with integrated data management, an app store, security protection and utility applications. Furthermore, the new platform has been extremely popular, already reaching 200,000 downloads per day.

More on NQ Mobile

NQ Mobile Inc. (NYSE: NQ) is a leading global provider of mobile Internet services.  NQ Mobile is a mobile security pioneer with proven competency to acquire, engage, and monetize customers globally.  NQ Mobile’s portfolio includes mobile security and mobile games & advertising for the consumer market and consulting, mobile platforms and mobility services for the enterprise market.

The share price of NQ Mobile has been under pressure for some months now, after Carson Block of Muddy Waters LLC suggested that the Chinese internet security firm had been filing inaccurate earnings reports (inflating sales) for a number of quarters.

Updated on

No posts to display