Asia Business News
eServGlobal Limited (LON:ESG)(ASX:ESV) Announces Increased Dividend
Thursday July 24, 10:55 AM
Sydney, Australia, July 24, 2008 - (ABN Newswire) - eServGlobal Limited (LON:ESG)(ASX:ESV), a provider of end-to-end solutions, enabling smart communication and payment services for service providers on any generation network, today announced a dividend of 3 cents per share for the full year ending 30 June, 2008, an increase of 50% over the previous year's dividend payment.
Dividend: AUD $0.03 per share Record date: 29 August, 2008 Payment date: 15 September, 2008
"We are delighted to announce an increased dividend for 2008" said Mr. Ian Buddery, Executive Chairman of eServGlobal. "This reflects the strong growth in our revenue, profit and cash balance in 2008 and our confidence in continuing growth in 2009. Full year 2008 results will be announced on 20 August, 2008. eServGlobal derives over 70% of its revenue from emerging economies, where growth in telecommunications infrastructure is fueling demand for our innovative charging and messaging solutions."
The GSM Association (GSMA) is the global trade association representing more than 700 GSM mobile phone operators across 218 countries and territories of the world. In a recent press release, the GSMA said, "Today more than 700 mobile operators across 218 countries and territories of the world are adding new connections at the rate of 15 per second, or 1.3 million per day. The growth of mobile communications continues to soar, not least in emerging markets, which are responsible for 85 percent of new connections today. One cannot underestimate the importance of mobile as a vital communications tool, connecting so many people, often for the first time in their lives."
Refer to: www.gsmworld.com
About ESERVGLOBAL LIMITED:
eServGlobal (LON:ESG & ASX:ESV) invents smart communication and payment services for telecommunications service providers operating on all generation networks.
eServGlobal's innovative solutions help service providers to grow new revenues, reduce churn, and lower costs. In addition, service providers are assured of seamless evolution to new network architectures, such as IMS and beyond.
As payment is crucial, eServGlobal's Charging Suite responds to increasingly sophisticated charging and billing challenges while providing advanced recharge and m-payment solutions. The innovative Retention Suite delivers targeted incentives to increase customer satisfaction and retention. Meeting customer demand for new communication experiences, the eServGlobal Messaging Suite enables reliable delivery of multimedia services such as unified messaging, video blog, SMS, and instant messaging. The Network Suite supplies enhanced personalisation and network optimisation.
Over 80 of the world's leading service providers, with over 400 million mobile subscribers in more than 50 countries, are taking advantage of eServGlobal's end-to-end solutions and expertise to quickly deliver revenue-generating services. With 14 offices around the world and staff from 20 different countries, we provide flexible solutions with ongoing product development, based on a deep understanding of our customers' challenges.
eServGlobal is active in the Southern Asia region, with significant deployments in India, Indonesia, Malaysia and Singapore.
eServGlobal is listed on the Australian Stock Exchange (ASX:ESV) and the London Stock Exchange AIM market (LON:ESG). In the year to 30 June 2007, eServGlobal reported a net profit before tax of A$9.1 million, up 104% from the previous year. A dividend of 2 cents per share was paid.
Contact:
Numis Securities Limited Tel: +44(0)20 7260 1000 Nominated Advisor, Brent Nabbs Corporate Broking, David Poutney For further information, please contact: Catherine Jeffcoat, Communications Manager Catherine.jeffcoat@eservglobal.com T: +33 1 46 12 77 46 F: +33 1 46 12 77 49
Source:
ESERVGLOBAL LIMITED
Copyright (C) 2008 ABN Newswire. All rights reserved.
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