NetworkNewsBreaks – FingerMotion Inc.’s (NASDA
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Posted On: 08/24/2022 4:55:58 PM
NetworkNewsBreaks – FingerMotion Inc.’s (NASDAQ: FNGR) Relationship with China’s Largest Telcos Providing ‘Strong Footing’ in Market
FingerMotion (NASDAQ: FNGR) completed the rollout of a new device protection service in July that CEO Martin Shen has described as an AppleCare-similar platform built directly into the large telco partners’ costs for users’ service plans. “Because of FingerMotion’s symbiotic approach to developing the product with the telcos and the efforts of its underwriting partner, Shen foresees the protection plan as a new revenue driver at relatively low cost to the company for covering broken phone screens, accidental damage repairs and compensation, and older device trade-ins,” a recent article reads. “Now with the massive onset of 5G phones, there’s a really large market in China that’s looking to change up their phones from, let’s say, 3G and 4G to 5G… And also, because we have such good relationships with the largest telcos in China – China Mobile, China Unicom and China Telecom – I think that that kind of relationship lends itself to being a very strong footing in terms of working in the Chinese market,” Shen is quoted as saying.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
FingerMotion (NASDAQ: FNGR) completed the rollout of a new device protection service in July that CEO Martin Shen has described as an AppleCare-similar platform built directly into the large telco partners’ costs for users’ service plans. “Because of FingerMotion’s symbiotic approach to developing the product with the telcos and the efforts of its underwriting partner, Shen foresees the protection plan as a new revenue driver at relatively low cost to the company for covering broken phone screens, accidental damage repairs and compensation, and older device trade-ins,” a recent article reads. “Now with the massive onset of 5G phones, there’s a really large market in China that’s looking to change up their phones from, let’s say, 3G and 4G to 5G… And also, because we have such good relationships with the largest telcos in China – China Mobile, China Unicom and China Telecom – I think that that kind of relationship lends itself to being a very strong footing in terms of working in the Chinese market,” Shen is quoted as saying.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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