LIMERICK, IRELAND — (Marketwired) — 05/10/16 — (NASDAQ: OHGI), a leading carrier-grade VoIP solution for mobile providers and smartphones, enables network operators and subscribers to –.–
Brian Collins, CEO of One Horizon Group, stated, “Through our proprietary VoIP technology we are offering a new solution to roamers and the opportunity for network operators to participate in this high quality service offering for the first time. Our application effectively allows users the ability to combine the low cost data usage of VoIP with the high quality of a landline. Network operators can now provide their traveling subscribers with a cost-effective prepaid offering without high cost roaming charges; with free data roaming that allows Internet data to flow to and from the smartphone application. This solution allows the roaming caller to –Roam Like Home,– free from any fear of excessive roaming charges.”
Today, travelers abroad or roamers do not have many affordable options to call home. They are typically being charged significant call-price premiums from their carrier. These charges may range 300% to over 1000% per minute of the traditional in-country cost. Alternatively, roamers are forced to utilize Over-the-Top (OTT) services such as Skype or an app-to-app OTT such as WhatsApp. In each instance the user is required to utilize Wi-Fi and/or make sure the receiver has the same application. For the consumer, engagement can only be scheduled when Wi-Fi is available and often times the quality of the call is not optimal. For the carrier, incremental roaming revenue is lost to OTT service competitors.
Roaming internet fees are significantly lower than roaming voice fees. By combining One Horizon–s patented low data usage Voice over IP (VoIP) smartphone application with low inter-operator data roaming rates, network operators can now compete on price with OTT services for roaming voice calls while maintaining a healthy profit margin, especially for roaming calls home for the operators own subscribers.
Settlement with the local network operator is approximately $0.10/megabyte. Because One Horizon–s patented VoIP application consumes 5x to 17x less mobile data per call as compared to OTT VoIP solutions, the application will deliver 15 minutes of talking time per megabyte, thereby costing the home network just $0.0066/roaming minute. The operator–s home rate plus $0.0066 will now allow the consumer to –Roam Like Home– for the first time.
This service went live with the Philippines leading mobile network operator, , and branded Smart Roamer (). Their subscribers simply perform a mobile top up on their prepaid subscription as normal, turn on [controlled] data roaming and then call home using their smartphone app over roaming data when they are abroad at a fraction of cost of a roaming voice minute and not much higher than the price of a local call. This short video illustrates how simple Smart Roamer is: .
The application and benefit of the One Horizon low-bandwidth VoIP in the prepaid roaming sector presents a large market opportunity with 4.7 billion unique mobile subscribers in the world(1), 76% of who are prepaid(2).
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One Horizon Group, Inc. (NASDAQ: OHGI) a leading developer and operator of carrier-grade optimized VoIP solutions for mobile telcos and enterprises. The company currently services over 15 million subscribers across 20 licensed brands worldwide. The technology is one of the world–s most bandwidth-efficient mobile VoIP, messaging and advertising platforms for smartphones. Founded in 2012, the Company now has operations in Ireland, Switzerland, the United Kingdom, China, India, Singapore, Hong Kong and Latin America. For more information on the Company please visit .
This news release may contain “forward-looking” statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions that could cause actual results to differ from those in the forward looking-statements. Potential risks and uncertainties include such factors as uncertainty of consumer demand for the Company–s products, as well as additional risks and uncertainties that are identified and described in Company–s SEC reports. Actual results may differ materially from the forward-looking statements in this press release. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and it specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
Capital Markets Group, LLC
Alan Sheinwald or Valter Pinto
PH: (914) 669-0222
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