Sydney, Dec 22, 2008 AEST (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 updates shareholders on progress in a number of areas.
The first half revenue outlook continues to be above A$80 million, as indicated in the Chairman’s AGM address of 5 November.
CORRECTION NOTE:
The Headline previously announced is incorrect, and should be A$80 Million not $A800 Million.
We will provide a detailed full year outlook with the first half results in February 2009.
Conditions in our global telecommunications markets are now improving, with subscriber growth in emerging markets meeting the levels forecast by leading analysts. In addition we have significant opportunities in developed countries in the second half, including North America.
At the AGM we also announced that we had appointed ABN Amro to advise on potential options relating to a number of preliminary approaches received from interested parties. A formal process was adopted and several non-binding indicative offers have been received. We will provide a further update for shareholders at the next process milestone, early in 2009.
eServGlobal continues to be the leading provider of advanced mobile charging and payment solutions in over 50 countries worldwide.
Contact
Sally Bennett
Communication Manager
sally.bennett@eservglobal.com
T: +33 1 46 12 77 46
F: +33 1 46 12 77 49
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