Liverpool, UK - 21st June 2012 - Mobile games service provider and publisher, Thumbstar Games, today announced a landmark deal with Viva Red Limited and China Telecom, the government run mobile operator, that will provide developers and publishers access to a vast consumer base whilst maintaining copyright protection for valuable IPs.
Following today’s announcement, Thumbstar Games has begun distribution negotiations with mobile games developers and publishers for back catalogue and future releases on Java and Smartphone platforms.
China Telecom is one of the world’s largest mobile phone operators with over 130 million subscribers and a growth rate of 3 million users per month.
CEO Gareth Edmondson said, “Our direct partnership with Viva Red Limited and China Telecom delivers a secure route to a previously unmapped and unprotected market. The terms of this landmark deal will enable developers across the globe to leverage existing and future IPs to a content-hungry audience, with the peace of mind that this state-backed partnership can provide the necessary copyright protection to encourage further market growth.”
“Thumbstar has secured a new and unique opportunity for all mobile developers and publishers,” added COO Martin Kitney. “We are actively securing gaming content for Viva Red Limited, and the process of localization and distribution will be through the unique platform of 189gameshop. The service of 189gameshop is jointly supported and maintained by Viva Red Limited and China Telecom, and we look forward to more detailed discussions with all interested parties.”
About Thumbstar Games
Thumbstar is a mobile games service provider representing more than 150 developers and providing in excess of 3500 titles through channels into 130 markets globally, including the UK and Europe, S.E. Asia, the Americas, the Middle East and Australasia. Thumbstar originally started out in 2008 as an aggregator / publisher of mobile games for J2Me, Windows Mobile, RIM BlackBerry and Symbian. Since then Thumbstar has also moved into mobile games publishing for iOS and Android and expanded its business offering to become a digital developer, distributor and publisher of mobile entertainment lifestyle applications, wallpapers and themes.
About China Telecom
China Mobile Limited (the “Company”, and together with its subsidiaries, the “Group”) was incorporated in Hong Kong on 3 September 1997. The Company was listed on the New York Stock Exchange (“NYSE”) and The Stock Exchange of Hong Kong Limited (“HKEx” or the “Stock Exchange”) on 22 October 1997 and 23 October 1997, respectively. The Company was admitted as a constituent stock of the Hang Seng Index in Hong Kong on 27 January 1998. As the leading mobile services provider in Mainland China, the Group boasts the world’s largest mobile network and the world’s largest mobile customer base. In 2011, the Company was once again selected as one of the “FT Global 500” by Financial Times and “The World’s 2000 Biggest Public Companies” by Forbes magazine, and was again recognized on the Dow Jones Sustainability Indexes (“DJSI”). The Company currently has a corporate credit rating of Aa3/Outlook Positive from Moody’s Investor Service and AA-/Outlook Stable from Standard & Poor’s, equivalent to China’s sovereign credit rating respectively.
Certain statements contained in this announcement may be viewed as “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from any future performance, financial condition or results of operations implied by such forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company's other filings with the SEC.