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Xplora Technologies AS Contract Extension with freenet DLS GmbH
13 May 2025 09:30 CEST
Issuer
Xplora Technologies AS
Oslo, 12 May 2025 -- Xplora Technologies AS ("Xplora") is pleased to announce
that the parties, Xplora and freenet DLS GmbH ("freenet"), have entered into
an extended agreement to the existing partnership.
Under the new terms, effective from 12 May 2025, freenet will include Xplora's
Premium services as a mandatory service to all new 12- and 24-month mobile
subscription contracts sold in combination with Xplora's smartwatches. The
smartwatches are sold combined with freenet s mobile subscription plans
through Mediamarkt, Germany s leading electronics retailer.
Under the extended agreement end-users will get full access to Xplora's
Premium activity service. It aligns with the parties' shared ambition to
deliver enhanced value, entertainment and activity features to families. The
upgrade is expected to positively impact Xplora's high margin recurring
service revenue and improve customer engagement.
For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com
About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market
for children's smartwatches. Xplora was founded to give children a safe
onboarding to the digital life and a better balance between screen time and
physical activity. Xplora's vision is to enable children around the world to
experience how their everyday activities can create value and make a positive
change in the world. The company is headquartered in Norway with operations in
leading European markets. Xplora is listed on Euronext Growth under the ticker
symbol XPLRA.
About Freenet AG:
Freenet AG is a leading provider in the telecommunications and digital service
sector, focusing on delivering a seamless digital lifestyle to its customers.
Prioritizing a customer-centric approach, the company offers innovative
internet and mobile solutions, underpinned by a strong commitment to
sustainability and social responsibility. Operating out of Germany, Freenet AG
is dedicated to enhancing digital connectivity and experience for users across
various platforms.
More information:
Access the news on Oslo Bors NewsWeb site
646130_Xplora Technologies AS Contract Extension with freenet DLS GmbH.pdf
Source
Xplora Technologies AS
Provider
Oslo Børs Newspoint
Company Name
XPLORA TECHNOLOGIES
ISIN
NO0010895782
Symbol
XPLRA
Market
Euronext Growth