Flytxt Ties up With Idea Cellular in India
THIRUVANANTHAPURAM, India, February 19, 2014
THIRUVANANTHAPURAM, India, February 19, 2014 /PRNewswire/ --
Flytxt , a big data analytics powered solution provider for Communication
Service Providers (CSPs), announced its partnership with Idea Cellular, the
third largest mobile operator in India. As part of this deal, Flytxt will
deploy its multi-channel mobile advertising platform, QREDA, and connect to
its mobile advertising market place, mADmart , that would facilitate brands
and agencies to engage with over 130 million Idea subscribers directly,
delivering relevant ads.
Flytxt's mobile advertising platform will enable Idea to leverage its
expertise in data analytics, enabling brands to do the most relevant
contextual advertising on mobile. It will also enhance customer satisfaction
and ad campaign effectiveness.
Mr. Srinivasa Ravi, Head-mADmart, stated, "We are excited to partner with Idea
to deliver this unique value proposition to brands and advertisers in India.
Going forward, we expect the value of mobile channels in India to go up as
smartphone penetration and adoption of new generation services increases and
this would bring in much higher ad spent on mobile media."
mADmart is a unique CSP-anchored mobile ad marketplace launched by Flytxt that
follows two sided business model. It provides an opportunity for CSPs to
leverage their in-depth understanding of subscribers, thus enabling brands and
advertisers to deliver highly relevant offers. mADmart, on the other side,
would increase ROI for advertisers providing them with better reach and
meaningful engagement than any existing media today.
"mADmart will serve as a self-service advertising platform for brands to
manage end-to-end multi-channel, cross-channel mobile ad campaigns. It is a
totally inclusive business model protecting the interests of consumers, CSPs
and brands," said Mr. Abhay Doshi, Head-Product and Marketing, Flytxt.
mADmart, the mobile advertising marketplace of Flytxt, will ensure better
experience for Idea's subscribers as they will receive highly relevant offers
through preferred mobile media. The ad marketplace will also enable brands and
advertisers to engage with both rural and urban population, offering them the
capability to serve consumers from both markets distinctly.
Flytxt is a leading provider of Big Data Analytics powered solutions with a
focus on enabling CSPs to derive measurable economic value from subscriber
data. The company offers customer experience revenue management and insight
monetization solutions as well as consultancy services to help CSPs run
campaigns for increasing revenue, reducing churn and enhancing loyalty.
Flytxt's closed loop integrated real-time marketing platform has been deployed
by CSPs across APAC and EMEA, serving more than 500 million subscribers and
has generated around $350 million incremental revenue for them till now.
Flytxt has won many industry awards like BID International Quality Summit
Award, Aegis Graham Bell Award, Red Herring Asia 100, IEEE Cloud Computing
Challenge and NASSCOM Emerge 50 League of 10. Flytxt has its headquarters in
Netherlands, corporate office out of Dubai and global delivery centres at
Trivandrum and Mumbai in India. The company has presence in Delhi, Dhaka,
Nairobi, Lagos, Kuala LumpurandLondon. For more information about Flytxt,
visit www.flytxt.com .
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