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Streamplay (ASX: $SP8) set to launch innovative credit advance service in Solomon Islands

Streamplay's strategic expansion into emergency airtime and data lending services


Streamplay Studio Limited (ASX: $SP8) is set to launch an innovative Airtime and Data Advance service in the Solomon Islands through a strategic partnership with AV Technologies Limited (AVT). The service, branded bCREDIT, will allow users to borrow voice or data bundles on credit, providing uninterrupted connectivity in critical moments. Streamplay is excited to introduce this additional revenue stream to its existing product suite, aligning perfectly with its commitment to providing uninterrupted access for its customers to premium services such as mGames and mJams.

Executive Commentary on Strategic Expansion


We're delighted to incorporate this innovative new product into our portfolio. This collaboration with AVT and bmobile marks a significant step forward in enhancing connectivity and customer satisfaction in the Solomon Islands, and in fact the Pacific Islands as a whole.

Summary of Strategic Expansion and Outlook


Streamplay's strategic expansion into emergency airtime and data lending services through the launch of bCREDIT in the Solomon Islands signifies a significant milestone in the company's commitment to providing uninterrupted access to its services. The collaboration with AVT and bmobile demonstrates Streamplay's dedication to expanding its presence in the Solomon Islands and diversifying its content offerings. With a strong reliance on mobile devices and a growing demand for value-added services, the Pacific region continues to present an excellent opportunity for Streamplay to cater to the evolving needs of its customers. The company aims to replicate its achievements across Papua New Guinea and the broader Pacific region as a whole, underscoring its commitment to meeting the evolving needs of Pacific Islanders. Streamplay remains optimistic about the potential impact of this strategic expansion on its growth trajectory and looks forward to gaining invaluable insights from the imminent launch of bCREDIT in the Solomon Islands.

STREAMPLAY STUDIO LIMITED
SP8 | ASX | Communication Services
0.0070(+0%)
At close 05/07 (AEDT)
Market cap
$8.1M
Volume
801,113
DY Yield
0
PE Ratio
0
52 Week Range
0.006 - 0.01
1YR Return
133.333%

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