Fintech Stock Acquisitions in the News: All Things Mobile Analytic , Inc. (OTC PINK: ATMH) Executed Acquisition of Revenue Generating Telecom Carrier Assets

Rhea-AI Summary

All Things Mobile Analytic (OTC PINK:ATMH) enhances its telecom market position through the acquisition of Mival Connect SA, a Swiss telecommunications operator founded in 2017. Mival specializes in voice wholesale and SMS services, projecting a robust growth trajectory in a rapidly expanding SMS market. In 2021, Mival reported revenues of 25 million Swiss Francs, a 15% increase from the previous year. This strategic acquisition complements ATMH's recent purchase of SpeedTelecom1 LLC, aiming to strengthen their telecom operations and targeting niche markets like IoT and fintech.

Positive

• Expanding market presence through the acquisition of Mival Connect SA.
• Mival recorded 2021 revenues of 25 million Swiss Francs, a 15% year-over-year increase.
• Strengthened telecom operations with a focus on SMS services and B2C/B2B solutions.
• Potential for increased operating margins by integrating new products such as fintech and IoT.

Negative

• None.

NEW YORK, NY / ACCESSWIRE / August 25, 2022 / All Things Mobile Analytic, Inc. (OTC PINK:ATMH) stronger his position in the Telecom market with the acquisition of Mival Connect SA (www.mivalconnect.ch) 2 weeks ago, a Swiss telecommunications operator in business since 2017. Its focus is on the voice wholesale and SMS Services ."Source: Statistic from SMS comparison "

*95% of text messages are read and responded to within 3 minutes of being received

*By 2023, it is forecasted that 8.2 billion people worldwide will use mobile phones

*The USA SMS market is at 6.2% and will to reach a valuation of $31.7 billion in 2022

*48% of consumers prefer direct communication from brands via SMS text message

*SMS have a 19% CTR, compared to 4% emails, and 1% Facebook

The 2021 ‘revenue was 25mil of Swiss Francs with an increase around 15% of a previous year. The acquisition of Mival broadens ATMH 's core on telecom operation adding to the recent acquisition of SpeedTelecom1 LLC (https://speed-tel.com ) .The acquisition of Speedtelecom1 LLC focused on data services routes with its own app for Roaming Services with the new concept of the "eSIM " simless service for B2C and B2B customers. The Swiss operations will become the center for the wholesale voice business and it will grow up also targeting on the SMS market as aggregator player on one side and working on special projects based on SMS delivery for the retail market. ATMH goals will be to have a presence in all relevant market niches related to the Telecom- IOT & Innovation Technology .

"We are expanding our operating margins with the new products and services we are building on top of our Telecommunications foundation that include Fintech, Internet of Things, and Blockchain Platforms," added by ATMH CFO's Massimo Travagli.

Mival Connect Top Manager also commented " we immediately believed in ATMH strategic project accepting stocks- share exchange with ATMH." The whole Telecom project will create a value for our shareholders and will benefit from the interesting potential of growth of ATMH business model for the coming years.

Forward-Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "could," "should," "expect," "plan," "project," "intend," "anticipate," "believe," "estimate," "predict," "potential," "pursuant," "target," "continue," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding ATMH's plans, objectives, future opportunities for ATMH's services, future financial performance and operating results and any other statements regarding ATMH's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond ATMH's control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business, with key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents. Any forward-looking statement is made only as of the date of which such statement is made. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

All other trademarks cited herein are the property of their respective owners.

For Further Information:

Investor Relations Contact:
Amy Samantha Gonzales
Email: inquiries@allthingsmobileanalytic.com

Massimo Meneghello, President
Company Telephone: (888) 350-4660 Ext. 8
Company Website: http://allthingsmobileanalytic.com

SOURCE: All Things Mobile Analytic, Inc.

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FAQ

What is the significance of ATMH's acquisition of Mival Connect SA?

The acquisition strengthens ATMH's position in the telecom market, enhancing its service offerings in voice wholesale and SMS.

What were Mival Connect SA's revenues in 2021?

Mival recorded revenues of 25 million Swiss Francs in 2021, marking a 15% increase from the prior year.

How does the acquisition impact ATMH's business model?

The acquisition is expected to broaden ATMH's service scope, including fintech and Internet of Things solutions, leading to potential revenue growth.

What is ATMH's future strategy following the acquisition?

ATMH aims to expand its presence in telecom-related market niches, particularly targeting SMS and IoT.