OnMobile Global has extended its contract with Telefonica Spain, for the third time since initiation of this deal in 2012. OnMobile handles the Emocion Business for Telefonica in Spain, which delivers Video and Editorial content and games to Spanish customers through a subscription model. This business garners over 30% of On Mobile’s revenue.
The contract which was to expire in July, 2024 has been extended by 2 years to July, 2026. The Emocion business will reach 14 years of existence by the end of that period. There will be no additional upfront payment (UFF) and the 2 organizations will continue to operate under the same terms for revenue sharing.
OnMobile Global is engaged in developing product line across all mobile access channels like Voice, SMS, WAP, USSD, On-Device Portal and Web.