Q Limited (ASX:QXQ) should trade higher after being advised by Crowd Mobile that it has executed a supply agreement with DTMS GmbH to launch Crowd Mobile services into Italy.
In August, Q announced it was acquiring the Crowd Mobile Group, which is headed by high profile technology investor Domenic Carosa.
Crowd Mobile will integrate its Micro Job Platform with the DTMS GmbH Operator Billing platform to expand Crowd Mobiles’ global reach and connectivity to mobile operators.
The service makes it easy for consumers to complete transactions via their mobile devices, and the agreement increases Crowd Mobile presence in Western Europe.
Crowd Mobile already operates in the UK, Ireland, Germany, Switzerland, The Netherlands, Austria, Belgium and France.
The company is lightly valued at under $1 million.
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