FRX 0.00% 0.7¢ flexiroam limited

FLEXIROAM TO OFFER WIFI ONBOARD WITH SCOOT AIRLINES Flexiroam...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 627 Posts.
    lightbulb Created with Sketch. 146
    FLEXIROAM TO OFFER WIFI ONBOARD WITH SCOOT AIRLINES

    Flexiroam Limited is pleased to announce that its wholly owned subsidiary, Flexiroam Asia Limited (“Flexiroam”) has signed a partnership agreement with Scoot Airlines (“Scoot”), a wholly owned subsidiary of the Singapore Airlines Group. Scoot is based in Singapore and its network spans over 60 destinations across 17 countries and territories. The partnership agreement will see Flexiroam provide a complimentary Flexiroam X microchip with 100MB of data to qualifying Scoot customers. In addition, later in 2018, selected Scoot customers will receive a complimentary in-flight WiFi session on Scoot’s WiFi-enabled Boeing 787 Dreamliner aircraft, and will be able to exchange their Flexiroam data allowance for additional in-flight WiFi. The agreement confirms Flexiroam as a pioneer in offering in-air connectivity to its customers. The inflight WiFi industry is expected to generate USD1 billion in 2018 alone, with substantial growth expected over the coming years, as currently only 25% of flights worldwide offer on-board WiFi. Flexiroam’s early entry into this potentially lucrative market is expected to significantly boost its visibility among Scoot’s extensive user base, and is an important step in gaining added exposure to the USD496 billion international leisure travel market. The innovative offering is designed to increase the Company’s recurrent revenue streams through expanding the range of services Flexiroam provides to its customers. Jef Ong, the Managing Director of Flexiroam, commented: “In 2017, Flexiroam forged partnerships with several reputable international airlines, allowing us to secure a recurring revenue stream through direct exposure to frequent travellers. This year, we aim to continue our efforts in forming partnerships with reputable airlines whilst innovating to offer more services which will benefit our users as well as our partner's customers. This partnership will allow Flexiroam to provide inflight WiFi connectivity, a new and exciting element for Flexiroam.”
 
watchlist Created with Sketch. Add FRX (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $9.468M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
7 1077000 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 546734 2
View Market Depth
Last trade - 16.12pm 22/11/2024 (20 minute delay) ?
FRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.