Significantly Expands Global Footprint in Russia and CIS Mobile Markets
BEIJING and DALLAS, November 11, 2014 /PRNewswire/ — NQ Mobile (NYSE: NQ), a leading global provider of mobile Internet services, has reached an agreement with Mobile Telesystems OSJC (“MTS”), the largest mobile operator in Russia and the 8th largest telecommunications brand worldwide, to make NQ Mobile Vault available to MTS subscribers through a wide ranging “White Label” agreement. MTS will promote and distribute the product through pre-load, SMS and social network campaigns, as well as direct at point-of-sale and app store availability. The collaboration significantly increases the global availability of NQ Mobile’s award-winning mobile privacy product.
“MTS, with its best-in-class networks, market-leading retail platform and the largest mobile subscriber base in Russia and the CIS is an ideal partner for NQ Mobile,” stated Calvin Cai, General Manager of Overseas Development, NQ Mobile. “We are delighted to begin our relationship by providing our leading mobile privacy solution, NQ Mobile Vault™, to MTS’ exciting family of branded handsets and smartphones and look forward to potentially collaborating on additional opportunities in the near future.”
With approximately 60 million subscribers, and a retail network comprised of approximately 4,000 stores at the end of 2013, MTS is the largest mobile operator in Russia. Globally, MTS is currently the 8th largest telecommunication brand in the world supported by 102.4 million subscribers.
NQ Mobile Vault, launched in 2012 is available on both Android and iOS platforms. It ensures users’ digital privacy through active control and on-device encryption of content and communication including contacts, call logs, SMS, pictures and videos. NQ Mobile Vault for Android and has become a top app on Google Play with millions of downloads and an average user rating of 4.4 out of 5 stars.
About 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. As of December 31, 2013, NQ Mobile maintains a large, global user base of 481 million registered user accounts and 136 million monthly active user accounts through its consumer mobile security business, 107 million registered user accounts and 20 million monthly active user accounts through its mobile games & advertising business and over 1,250 enterprise customers. NQ Mobile maintains dual headquarters in Dallas, Texas, USA and Beijing, China. For more information on NQ Mobile, please visit http://www.nq.com
Mobile TeleSystems OJSC (“MTS”) is the leading telecommunications group in Russia and the CIS, offering mobile and fixed voice, broadband, pay TV as well as content and entertainment services in one of the world’s fastest growing regions. Including its subsidiaries, the Group services over 100 million mobile subscribers. The Group has been awarded GSM licenses in Russia, Ukraine, Turkmenistan, Armenia and Belarus, a region that boasts a total population of more than 200 million. Since June 2000, MTS’ Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about the MTS Group can be found at www.mtsgsm.com.
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