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Flexiroam (ASX:FRX) signs reseller agreement with Bikago

ASX News, Communication Services
ASX:FRX      MCAP $19.43M
11 October 2022 14:49 (AEST)

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Mobile data provider Flexiroam (FRX) has signed a white label reseller agreement with Singapore-based motorbike and scooter rental company Bikago.

With operations in Bali, Indonesia, Bikago is one of the country’s most trustworthy bike and scooter rental agencies.

It partners with local bike rental companies and supplies them with resources to provide rental services to tourists.

Under the partnership, Flexiroam’s SIM cards and eSIMSs will be sold as an upsell and as a Bikago Mobile branded product through its website and local retailers.

“With the addition of Flexiroam’s solutions to its services, Bikago will be able to provide an enhanced offering to its customers by offering our SIM and eSIM connectivity solutions as an upsell to travellers,” Flexiroam CEO and Executive Director Marc Barnett said.

“This provides an obvious synergy with travellers often needing reliable data connectivity while abroad and further aligns with Bikago’s goal to professionalise the bike rental industry globally and become a premier one-stop brand for travellers.”

The contract will run for one year and has an annual revenue commitment of $150,000.

Flexiroam was steady on the market with shares trading at 3.9 cents at 2:48 pm AEDT.

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