Cuentas Launches Cuentas Mobile Service And Signs $4M Distribution Agreement; Distribution Partner Will Initiate Order Of 5,000 SIM Cards
Portfolio Pulse from Benzinga Newsdesk
Cuentas has launched its Cuentas Mobile service and signed a $4M distribution agreement to sell its telecommunications, fintech, and value-added products in selected markets. The company is targeting the multi-billion dollar Hispanic diaspora telecommunications market.
October 24, 2023 | 1:13 pm
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Cuentas' launch of its mobile service and the signing of a $4M distribution agreement could potentially boost its revenues and market share in the targeted Hispanic diaspora telecommunications market.
The launch of Cuentas Mobile service and the signing of a $4M distribution agreement indicates a strategic move to expand its market reach and increase revenues. The targeted Hispanic diaspora telecommunications market is a multi-billion dollar market, providing a significant opportunity for growth.
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