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uCloudlink's GlocalMe® to Provide New Rental Service to US Customers

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On May 28, 2021, UCLOUDLINK GROUP INC. (NASDAQ: UCL) announced the launch of its GlocalMe® rental service in the U.S., aiming to cater to the increasing demand for travel connectivity as the market recovers post-COVID-19. The service will provide users with options for personal WiFi hotspot devices or rentals, focusing on domestic and select international markets. The upgrade includes better data rates, a trade-in program, and up to 40% discounts from May 28 to May 31. This strategic move is intended to enhance uCloudlink’s market presence and partnerships within the telecommunications ecosystem.

Positive
  • Launch of GlocalMe® rental service targeting U.S. customers to meet rising travel demand.
  • Improved data rates and enhanced services for existing users.
  • Discounts of up to 40% on device purchases and data plans from May 28 to May 31.
  • Expansion into the internet-of-things space using patented CloudSIM technology.
Negative
  • None.

NEW YORK, May 28, 2021 /PRNewswire/ -- GlocalMe®, a product and service brand of UCLOUDLINK GROUP INC. (NASDAQ: UCL, "uCloudlink" or "the Company"), the world's first and leading mobile data traffic sharing marketplace, has announced its new rental service for customers in the U.S. as the world's largest economy has seen gradual travel recovery recently.

The travel market is on its way to recovery as COVID-19 vaccinations being distributed globally. It is reported that domestic leisure travel in the U.S. is rebounding as the summer season approaches. Also, the EU has planned a summer opening for vaccinated tourists.

"Our customers have higher demands of traveling domestically or abroad than last year," said Victor Xu, Chief Sales Officer at uCloudlink. "With the new rental service, we hope to provide U.S. consumers with smooth and secure WiFi connection services, whether by owning a personal WiFi hotspot device or renting a device for a short trip. It is still a priority for them to have a superior connection to the Internet and stay informed as there is still some uncertainty. For now, we have put the US domestic market, European countries, as well as Caribbean islands on our top list of launching the new rental service."

GlocalMe® is updating its website and the new rental section will be exclusively available on the GlocalMe® website. For all existing users, the Company has pledged to continue offering the same and even upgraded services and data plans. Users can expect better data rates and more flexibility to use the WiFi services of GlocalMe®. GlocalMe® also has a trade-in program in place for those who would like to obtain the latest cutting-edge devices.

GlocalMe® will also offer more perks to retain users with an up to 40% off discount available to all GlocalMe® and current Roaming Man users — from May 28 to May 31— for device purchases, selected data plans and rental services, among others.

"Our main reasoning behind the upgrade lies in GlocalMe's strategy to deliver a unified message along with consistent and flexible services for our customers. With our 'Always Better Connected' vision constantly in our mind's eye, we aim to consistently improve our services for our global clients," said Xu.

The new GlocalMe® rental service reflects uCloudlink's ambition to expand its business and better serve the U.S. market. It is also likely to bring the Company a stronger voice for its global networks. With a more unified marketing image, uCloudlink is expected to significantly benefit from the integration and reach more deals and collaborations with partners and mobile carriers to form a sound ecosystem in the industry.

This is just part of the Company's slew of actions to expand its business. For example, it recently announced a plan to broaden its business by harnessing new applications powered by its patented CloudSIM technology to extend its offerings. As such, GlocalMe® is working to make a splash in the internet-of-things space in sectors such as cross-border trade, cold chain storage and logistics control, among others.

About UCLOUDLINK GROUP INC.

uCloudlink is the world's first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company's products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative CloudSIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

Carina Cheung
carina-pr@ucloudlink.com  

Cision View original content:http://www.prnewswire.com/news-releases/ucloudlinks-glocalme-to-provide-new-rental-service-to-us-customers-301301571.html

SOURCE UCLOUDLINK GROUP INC.

FAQ

What is the new service launched by UCLOUDLINK GROUP INC. (UCL) on May 28, 2021?

UCLOUDLINK GROUP INC. launched the GlocalMe® rental service in the U.S. to meet the growing demand for travel connectivity.

What benefits does the GlocalMe® rental service offer to users?

The service offers options for renting or owning WiFi hotspot devices, improved data rates, and exclusive discounts.

How long is the discount period for the new rental service from UCLOUDLINK GROUP INC.?

Discounts of up to 40% are available from May 28 to May 31, 2021.

How does UCLOUDLINK GROUP INC. plan to enhance its market presence with the new service?

The company aims to strengthen partnerships within the telecommunications ecosystem and expand its offerings through innovative technology.

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