FINW Gets Things Moving With Reseller Agreement
Good Afternoon!
At first glance you may not think FINW is a company covered with growth potential, but how wrong you are.
FINW is a mobile provider with muscle and the company this summer locked up a reseller agreement with Simpliciti a provider of Cloud services. The deal gives FINW access to the highly targeted business traveller and adds yet another distribution and channel for its mobile and roaming services.
Juniper Research estimates that the mobile roaming sector generated $57 billion last year. By 2018 that figure is expected to reach $90 billion. Clearly there is a lot of money to be made and FINW has laid some pretty strong foundations that will help it to capitalize.
FINW’s strong position is the reason Wall Street has already voted the company up. The 12-month high for the play is $3.00 and although pullbacks have taken valuation down a notch or two, the intrinsic value for FINW is always a potent reminder of its upside.
Right now the play has repositioned itself for another potential breakout. There has been a rush of trading lately, suggesting of course that something big may be about to happen.
Relative strength levels are ripe with upside potential and entry is just .006 – perfect numbers if you ask me for a quick crack at profits.
Start your due diligence on FINW now.
Investor Highlights
FINW now has access to business travellers thanks to a reseller agreement with Cloud provider Simpliciti for the re-sale and marketing of its cellular long distance and roaming application.
FINW is set to benefit from the projected $90 billion market size for mobile roaming services by 2018
FINW is up 445% since September 9, the result of strong interest from traders and an ever-increasing set of bullish technicals.
FINW has been busy shoring up its long distance and roaming application and earlier this year announced the final beta test for its text messaging feature.
FINW has very solid upside potential from current levels and boasts a very strong RSI of 51.
FINW has average volume of 107K and has seen breakouts as high as 210% in the last few sessions.
FINW has hit $3.00 in the last 12 months and is presently mounting a push north. 20 DMA is up 20%.
About FINW
FINW (FirstIn Wireless Technologies Inc.) is a mobile telecommunication company specializing in mobile roaming and long distance charge savings.
FINW utilizes leading edge VoIP technology for its mobile Apps and platform that allows for anywhere, anytime mobile communications at significant cost reductions.
FINW top tier communication line architecture insures superior call quality to its clients. The company offers several mobile telecommunication solutions for Companies as well as individuals
FINW is based in Montreal, Canada.
Mobile Roaming Set to Reach $90 Billion by 2018
Last year (2013), the revenue generated by mobile roaming was $57 billion. In the next four years, Juniper forecasts that we will see an eight percent rise in this figure. It is believed that mobile roaming revenue will reach $90 billion by 2018.
According to a recent report from SAP AG, we are seeing faster, higher-quality roaming capabilities for consumers and greater access to networks’ LTE spectrum offerings. This correlates with Juniper’s findings as one item that the report notes will have an impact is the increasing use of data.
The primary reason given for this increase is the fact that there will be a reduction in roaming charges. The figures show that in 2013, an estimated 36 percent of the global mobile roaming revenue was seen from data roaming.
We have seen several reports in the past few months showing the data usage cycle. Basically, as the carrier expands its 4G/LTE network, it provides fast speeds for its customers. As these customers become aware of the faster speeds offered, they begin to download and stream more content. As this takes place, the demand for these faster speeds increases, so carriers try to find new and innovative ways to offer more, which in turn their customers take advantage of. You can see the circle.
One area that has always been questionable is data roaming. This is mainly due to the fact that in many cases, additional data roaming fees are charged. The choices that people are faced with are to see a very high bill at the end of a travel month, or restrict your access to data and not incur those extra charges.
Juniper’s report refers to these people as “silent roamers.” This is the group of people that I spoke of above. As the report states, silent roamers exercise caution, or do not use voice and data services at all while roaming and represent what can be considered as a non-user segment.
Some of the significant findings include the following:
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Operator revenues generated from mobile data roaming to reach just over $42 billion by 2018
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New developments in in-flight roaming have seen specialist service providers such as AeroMobile and OnAir partnering with mobile and airline operators
If service providers can target what is considered the non-data roamers by providing roaming packages that will make them comfortable, there is no reason why this group cannot become data roamers.
In reference to silent roamers, the report’s author, Nitin Bhas, said, “This is costing the industry billions each year in lost revenue opportunity, given the millions of inbound and outbound roamers as well as the expansion of data traffic over flattening voice usage.”
We are witnessing increasing growth in data speeds as LTE networks begin to cover more regions. We are also seeing companies such as SAP working to improve LTE roaming peering agreements. These are the types of programs that reduce the cost to the customer.
Recent Developments
FirstIn Wireless Technology Inc Signs Re-seller Agreement with Cloud Provider Simpliciti for the Re-sale and Marketing of its Cellular Long Distance and Roaming Application.
MONTREAL, June 16, 2014 /PRNewswire/ -- FirstIn Wireless Technology Inc (FINW) (OTC Pink: FINW) signs re-seller agreement with Cloud provider Simpliciti for the re-sale and marketing of its cellular long distance and roaming application. "Simpliciti a provider of Cloud services to companies is a natural fit for FirstIn as a reseller as they already offer business solutions via Cloud to the business community.
The company will be showcasing our mobile long distance and roaming application as an added product to their existing clients. A typical business travelers cellular bill for a seven day business trip averages at about $800, we can cut that by over 50% with our application," said FirstIn president Andre Beauchesne.
"The company is excited to be working with Simpliciti," added Mr. Beauchesne. Simpliciti's president Alain Bissonnette agrees with Mr.Beauchesne and added, "FirstIn's applications are a great addition to our company, they will enable us to offer an additional service to our existing client base as well as open new opportunities for the company."
From a standing start there are very string upsides to FINW. The strong trading in recent weeks suggests that a breakout could be on the cards. Capitalizing therefore requires swift action on your part.
The play is mega-cheap at .006 so don’t delay.
Start your research now.
To learn more about FINW please visit their website: www.firstinwireless.com
Warmest Regards,
Robert Davis
info@pennystocknewsletters.net