Flash Networks has signed a memorandum of understanding with Nokia Networks to provide Flash's Layer8 monetization solution to mobile carriers...
Flash Networks Selected by Seven Operators in the Last Six Months
Flash Networks announced that its Layer8 client-less monetization solution was selected by seven operators and will be used by +200 million subscribers.
Layer8 creates new operator-owned advertising real-estate for more revenue-generating opportunities
Edison, New Jersey, February 18, 2015 – Flash Networks, the leading provider of mobile Internet optimization and monetization solutions, announced today that its Layer8 clientless monetization solution was selected by seven operators in the last six months and is planned to be used by over 200 million subscribers worldwide. The latest customers include operators in Asia and Europe and one large operator group which plans to deploy at several properties.
Layer8 is a clientless monetization solution that reinvents the way operators engage with their subscriber base and enables mobile operators to join forces with over-the-top (OTT) players instead of competing with them.
Liam Galin, President & CEO of Flash Networks, explains, “What we actually do is allow operators to partner with OTT players by offering them the ability to appear on the mobile browser in the right context and at the right time in a clientless way without the need for any download. Using this approach, we are creating an entirely new market segment – with-the-top (WTT) – where operators and OTT players cooperate rather than compete. From now on we no longer want operators to think in OTT terms but rather consider themselves part of the WTT ecosystem. As part of this ecosystem, we have already partnered with over 200 content providers across the globe, enabling Layer8 to be used by operators to reach out and offer relevant content directly to their subscribers in an appealing way.”
Appearing as a visual layer on the user’s browser, Layer8 unveils relevant content and operator-owned advertising space when subscribers click on an unobtrusive “curl”. More than 80% of web pages browsed by subscribers exhibit potential offers, resulting in significant revenue opportunities for mobile operators.
Flash Networks is not only a technology provider but also handles all the management of ad inventory, placement, and revenue models. With Layer8, operators can provide personal account information and offer upsell opportunities such as data top-up packages, mobile wallets, and content including music, movies, and games. In addition, operators can provide product recommendations, including discounts and coupons from nearby businesses, recommended content, and offer much more to subscribers, adding new value to the browsing experience in a clientless way.
Galin continued, “Layer8 creates a massive amount of new advertising inventory that the operator controls and monetizes to generate revenues from the very first day. And as the innovators of the WTT domain, we are continuously teaming up with content providers and local businesses to discover new differentiating services that also boost profitability. It is the first time that a true win-win-win scenario has been created in which subscribers, operators, and content providers all benefit.”
Layer8 will be demonstrated at Mobile World Congress, on March 2-5 in Barcelona, Spain at Flash Networks’ stand (5D60).
About Flash Networks
Flash Networks, the global leader of mobile Internet optimization and monetization solutions, enables operators to boost network speed, optimize video and web traffic, and generate over-the-top revenues from the mobile Internet. Sitting at the core of the network, Flash Networks’ Harmony Mobile Internet Services Gateway accelerates LTE networks by 50% and reduces web and video traffic data by 30%, while providing operators with in-depth traffic analytics and user insights. In addition, with Harmony, operators can engage with their subscribers by offering an enhanced browsing experience while generating revenues from search, over-the-top content, and targeted advertising.
With offices in North America, Europe, Israel, Latin America, and Asia, Flash Networks services over one billion subscribers daily and is proud to count among its customers top-tier mobile carriers including Bharti Airtel, Orange, SKT, TIM, T-Mobile, Telefonica, Vodafone, and many more leading carriers. For more information, visit www.flashnetworks.com.