Info2cell.com launches new service to provide SMS stock index alerts to mobile subscribers in the UAE

Published September 18th, 2005 - 12:23 GMT
Al Bawaba
Al Bawaba

Info2cell.com, the leading Wireless Application Service Provider (WASP) in the Middle East and North Africa, has launched a new service which provides mobile phone subscribers with stock index alerts as well as local and regional business news headlines via SMS.

The new service will keep mobile subscribers in the UAE updated with the opening and closing prices at both Abu Dhabi Securities Market (ADSM) and Dubai Financial Market (DFM), besides stock index fluctuations in terms of percentages and points, effectively serving as a key indicator of market change. In addition, the service will deliver the latest market, securities and corporate action news. Information on bonds, mutual funds and the top market gainers and losers will also be provided. The service comes at a monthly subscription charge of AED 10. Mobile subscribers can avail of the service by dialing the toll-free number 800 4480.

Bashar Dahabra, Founder and CEO, Info2cell.com, said, "Today, there is a huge demand for mobile content services such as breaking news and stock index updates. With the increasingly mobile nature of business, the concept of stock index alerts has assumed a never-before importance, as it could impact critical decisions. The new service will ensure that businessmen, investors and other decision-makers in the UAE receive reliable and timely updates of the latest developments at ADSM and DFM as well as the latest business headlines, facilitating faster and more efficient decision-making."

"The phenomenal growth in the volume of trading and the concurrent increase in the number of investors and traders have transformed ADSM and DFM into regional stock trading hubs, with major developments taking place every few minutes. Given this rapid pace of activity at ADSM and DFM, the new stock alert service comes as a boon to the UAE's business community, as they can be assured of the latest stock updates, regardless of where they are," Dahabra added.

The stock alert service is the latest addition to Info2cell.com's considerable portfolio of SMS alert services, which include news, Islamic content, sports and entertainment. Info2cell.com's breaking news service is based on its multimillion WASP platform that provides potential access to 50 million mobile subscribers in the Middle East. The Info2cell WASP platform, which is interconnected to 22 mobile operators in the region, offers the most advanced mobile messaging technology to enable content providers to effectively deliver diverse messages and data to mobile phones, such as SMS, MMS, WAP, IVR, video, ring tones, picture messaging and Java games.

"Info2cell.com is committed to introduce innovative mobile services tailored to meet specific requirements. With a portfolio of services that cater to all sections of the society, backed by its considerable expertise in the sector, Info2cell.com is uniquely positioned to provide sophisticated, mobile value-added services to customers by anticipating their future needs," Dahabra concluded.

 

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