Mobile Content Company Flycell Records Best Quarter In History; Continues To Expand To New Markets
New York-based Flycell, which is a wholly owned subsidiary of Italian-based and publicly held Acotel Group (BIT: ACO), released limited financial results today, reporting that the first quarter was its best ever in the company’s four-year history. The mobile content company said it made $75 million in 2008, and revenue of $23 million in the first quarter, increasing 60 percent compared to the year-ago period.
Flycell continues to grow despite the fact that analysts are expecting demand for ringtones, graphics, and other mobile content to decrease over time as consumers become more sophisticated and learn ways to load the content on their phone without a middleman. Alberto Montesi, Flycell’s CEO, said he doesn’t know why they continue to grow if that’s the trend. Montesi: “We haven
There's sales, and then there's customer trickery and burying the bill and screwing customers with charges they didn't know are subscription.
All of these Italian companies are experts at raping the customer the same way. Bongiorno, Dada mobile, Acotel, is there really any difference?
The title should read, " ..Flycell records best quarter for tricking and fooling customers in History. Continues to expand markets where they can look for new customers to trick into buying 3rd rate content." They must have made the FBI most wanted number one list again at ripoffreport.com and Better Business Bureau
Thumbplay does the same thing and they are not Italian: of course, they have millions in revenues but can't pull a profit either.
uhhhh, the bait and switch argument was valid some 3-4 years ago in the early Jamba days… there's more carrier scrutiny now…and at least these guys are making a buck and not daydreaming on 'ad revenue' driven business modelsâ¦
what's with that bigoted 'italian' comment?