
Mon
28th Jan
2008
Mobile entertainment specialist signs agreement for the distribution of mobile technologies and services across Pakistan
Wolverhampton, England (28 January 2008): ROK Entertainment Group Inc. (OTCBB: ROKE), the UK-based mobile technologies, applications and entertainment development company, today announces that through it's partners BPS, it has signed a contract with China Mobile Pakistan (CMPak), to supply a portfolio of Pakistani and international content.
Under the terms of the agreement, subscribers will be able to watch the content over ROK's Live TV product – a mobile streaming service where the consumer can watch a range of live content streamed to their mobile handset – due to be launched in the first quarter of 2008, as well as ROK Talk, which enables users to make multi-person calls from their mobile. ROK and CMPak will share the revenue earned from the distribution with the charge-out to be agreed.
The move represents ROK's second deployment in Pakistan. CMPak is owned by China Mobile following an US$400 million buy-in of incumbent operator Paktel with plans of investing another US$400 million on running expenses and network expansion.
China Mobile is the world's largest Mobile Network Operator.
Laurence Alexander, CEO of ROK commented, "We are delighted to have joined CMPak on this initiative to deliver new mobile entertainment services across Pakistan, which forms part of our strategy to offer our content to consumers globally. This relationship is a welcome addition to ROK's partnerships with other premium service providers, and strengthens our marketing and customer service capability in a region showing strong demand for our products and services."
About ROK
ROK Entertainment Group Inc., formed in 2003, is a world-leading mobile technology and applications developer.
With 170 staff worldwide, ROK has filed more than 40 international patents for its suite of innovative mobile technologies.
With 3 billion mobile handsets in use worldwide, the mobile TV industry is forecast to become a multi-billion dollar business within a few years.
ROK TV enables the streaming of live and on-demand TV to mobile phones over mass-market 2.5G, as well as over 3G and Wi-Fi.
Forward-Looking Statement
The information contained in this new release, other than historical information, consists of forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those described in these statements. Forward-looking statements regarding the timing of developing, testing and releasing existing and new products, of marketing and selling them, of deriving revenues and profits from them, as well as the effects of those revenues and profits on the company's margins and financial position, are uncertain because many of the factors affecting the timing of those items are beyond the company's control.