- Apelby Communications is a wholesale provider of telecommunications products and services whose customers include major global telecommunications operators.
- Swarmio and Apelby have entered into a revenue sharing agreement under which Apelby will distribute Swarmio’s Ember gaming and esports platform to its telecom customers Europe , Africa and LATAM.
- Swarmio’s Ember platform enables game publishers and developers to reach, engage and monetize the 2 billion gamers Asia , Africa the middle East and Latin America , where credit card penetration is relatively low and access to bank accounts is limited. By partnering with telecom operators, Swarmio enables players to purchase in-game items through telecom payment channels such as digital wallets and Direct Carrier Billing (DCB).
Swarmio Media Holdings Inc. (CSE: SWRM) (OTC: SWMIF) (GR: U5U) (‘Swarmio’ or ‘the Company’), a technology company focused on the global deployment of its proprietary subscription-based gaming and esports platform , announces that it has entered into a revenue sharing agreement (the “Agreement”) with Apelby Communications (“Apelby”), a wholesale provider of telecommunications products and services to major telecommunications companies throughout Europe, Africa and Latin America.
Under the terms of the agreement, Apelby will distribute Swarmio’s Ember gaming and esports platform to its telecom customers Europe , Africa and LATAM to sell to their own customers. Ember subscribers get access to ultra-low latency gaming experience, competitive challenges and tournaments, exclusive gaming content, managed communities, gamification and scoring system, online store (Swarmio Store) and e-wallet for players (Swarmio Pay). Swarmio, Apelby and the telco company share all revenue generated through the platform’s various monetization channels, including monthly subscription fees, payment processing fees and fees from in-game purchases.
Emil Kovac CEO and co-founder of Apelby, commented, “Having validated Swarmio’s Ember platform and knowing that our telecom customers and partners are looking for ways to engage with the large and growing population of gamers playing in their regions served are already online, we are confident that offering Ember to our customers and partners will provide them with a unique new solution to monetize and retain their customers. We are excited to invest in Swarmio and we look forward to seeing what the future holds as we help bring Ember to new international markets.”
Vijai Karthigesu Swarmio CEO, commented: “The completion of this agreement with Apelby Communications represents another pillar of our continued growth in key gaming markets. build center. and we look forward to working closely with them as we continue to introduce the Ember platform to new markets around the world.”
As Swarmio continues its global expansion, it expects to Africa and Latin America will be key markets. in the Latin America which is the fastest growing gaming market in the world about 70% of the population currently has no or only an insufficient bank account. in the Africa where the population of players has has more than doubled in the last 5 years mainly due to the proliferation of smartphones (sub-Saharan Africa is the world’s largest the fastest growing mobile phone market ), about 57% of the population does not have a bank account.
Swarmio makes its Ember platform available to customers around the world through its telecom partners. To date, Swarmio has successfully launched its platform with some of the largest telecom companies in Germany Asia and North Africa including Ooredoo in Tunisia (launched under the brand name Ooredoo EZ – Powered by Ember), Globe Telecom in the philippines (launched under the brand name Globe Gamer Grounds – Powered by Ember) and Sri Lanka Telecom (SLT Esports – Powered by Ember). Swarmio is strategically targeting key markets where both internet usage and gaming activity are growing rapidly and populations do not have access to traditional bank accounts or credit cards.
About Apelby Communications
Apelby is a global ICT provider of a wide range of telecommunications services, including carrier-to-carrier voice and retail outsourcing services, technology and ICT solutions. Since its inception in 2005, Apelby has managed to grow both in sales and key business products while expanding its footprint into key geographies and attracting a significant customer portfolio. To learn more about Apelby Communications, please visit their website .
About Swarmio Media
Swarmio Media (CSE: SWRM; OTC: SWMIF; GR: U5U) is a technology company focused on deploying its proprietary end-to-end gaming and esports platform Ember, which enables telcos to serve their gaming customers to monetize. Swarmio has worked with several telcos to launch Ember as an add-on service that allows subscribers to access tournaments, join a localized gaming community, challenge friends and influencers, and earn points that can be used to purchase Gaming content can be used. Ember is powered by Swarmio’s patented Latency-Optimized Edge Cloud (LEC) technology, which reduces lag and gives gamers an optimized gaming experience.
About Ember by Swarmio
Swarmio’s plug-and-play, fully managed Ember platform integrates quickly and seamlessly with large telcos, allowing telcos to engage and monetize gaming subscribers and gain instant and meaningful access to them $200 billion gambling market.
Ember offers a proprietary digital hub for gaming communities, allowing gamers to access ultra-low latency gaming experience, competitive challenges and tournaments, exclusive gaming content, managed communities, gamification and scoring system, online store (Swarmio Store), Gamer e-wallet (Swarmio Pay) and customized digital content.
For more information, please visit:
Swarmio Investor website ( https://swarmio.media/investors )
Swarmio on LinkedIn ( https://www.linkedin.com/company/swarmiomedia )
Swarmio on Twitter ( https://twitter.com/SwarmioMedia )
Cautionary Note Regarding Forward-Looking Statements
Information contained in this press release may contain forward-looking statements under applicable securities laws. Forward-looking statements are statements related to future, not past, events. In this context, forward-looking statements often relate to expected future business and financial performance and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend”. an action or event “may”, “might”, “could”, “should” or “will” be taken or occur, or other similar expressions. All statements, other than statements of historical fact, contained herein, including but not limited to: statements regarding the Company’s growth, the Company’s ability to capitalize on the major global opportunities in the gaming and esports markets, anticipated Benefits to the Company’s affiliates and their customers Use of the Company’s products, ongoing discussions with potential new customers or partners and the possibility that such discussions may result in additional contracts or revenue for the Company, the Company’s future plans, goals and expectations , including but not limited to the Company’s continued ability to enter into agreements to deploy its products with international telcos and game publishers and its ability to monetize those agreements by generating SaaS-based revenue verified statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements or other future events to differ materially from the future results, performance or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the risks set out in the Company’s full prospectus dated November 10, 2021 (which can be accessed through the company’s profile on www.sedar.com ). Forward-looking statements are based on management’s beliefs, estimates, and opinions as of the date the statements are made, and the respective companies undertake no obligation to update any forward-looking statements if those beliefs, estimates, opinions, or other circumstances, should change, unless this is required by applicable securities laws. Investors are cautioned not to place undue certainty in forward-looking statements.
SOURCE Swarmio Media Holdings Inc.
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