Mobile Streams soars on hook-up with India's largest network

Mobile Streams’ shares rocketed on Monday after it secured a partnership with Reliance Jio, India's largest 4G network, to provide HTML5 games content for their JioGames store.

The AIM-listed company said it has worked with a number of developers to provide a high-quality selection of HTML5 games for Reliance Jio's 4G feature phone, JioPhone1, as well as the company’s launched smartphone games store.

Titles available on the JioGames store will include Mobile Streams' top sellers such as ColorPin, Get10 and Neon Biker.

Simon Buckingham, chief executive of Mobile Streams, said: "We are delighted to be partnering with the world's fastest growing telecom company, Reliance Jio. We are very impressed with the impact they have had on the Indian mobile economy and the range of products they have launched in the market. We are looking forward to working closely with Reliance Jio in 2019 and beyond."

Buckingham added that Mobile Streams expects to launch three new titles in January, with its existing titles having served more than 200m adverts, their form of monetisation, since June last year.

Mobile Streams’ shares were up 26.10% at 0.73p at 0848 GMT.