KSIX Media Holdings, Inc. Announces 44% Growth In True Wireless Customer Base
February 08 2017 - 9:00AM
Marketwired
KSIX Media Holdings, Inc. Announces 44% Growth In True Wireless
Customer Base
From December 31, 2015 to December 31, 2016 True Wireless
Customer Base grew from 41,912 to 60,405
LAS VEGAS, NV-(Marketwired - Feb 8, 2017) - KSIX Media Holdings,
Inc. (OTC PINK: KSIX), a diversified media and internet company
headquartered in Las Vegas, NV, announced today that True Wireless,
LLC., has grown their customer base by more than 44% in the past
year. The Oklahoma based telecom now managed by KSIX, has seen
sustained growth throughout 2016 as result of an aggressive online
marketing campaign that also helped bolster its retail sales.
KSIX worked with True Wireless for several months prior to
assuming the management of True Wireless. The company contracted
with KSIX to help create new innovative Web-based marketing
campaigns that were unique to the Lifeline space of the telecom
world. True Wireless finished 2015 year end with 41,912 customers
in five states. That number grew to 60,405 customers in the same
states by year-end, December 31, 2016. Representing a more than 44%
percent increase that company executives attribute to the new
marketing campaign, coupled with expanded data and a truly
unlimited talk and text service plan that was available to most
customers. Certain areas of the country were not eligible for the
unlimited plan.
"We were immediately blown away by the increase in sales due to
the new marketing campaign," True Wireless President Mike Fina
said. "We knew this was an untapped area of the industry, but we
had no idea that it would improve sales across the board." Fina
further explained "that the campaign helped drive customers to
retail and mobile locations in addition to the new stream of direct
online sales."
Looking forward to 2017, the company recently reported a
significant improvement in customer retention, netting
approximately 1,500 more customers per month or potentially 18,000
customers on an annualized basis. True Wireless will continue to
focus on more aggressive customer acquisition and improved customer
retention to grow revenues.
"When we looked at what True Wireless was trying to accomplish,
we realized that nobody in this industry had ever approached
Lifeline from this direction of targeted online campaigns," KSIX
CEO Carter Matzinger said. "True Wireless immediately showed a
dramatic increase in sales from the new campaigns we helped to
develop and execute. True Wireless is well positioned to
significantly grow their customer base through a combination of
traditional marketing as well as new digital campaigns that we are
initiating," Matzinger continued. "We have proven digital programs
that we will expand with True Wireless, this combined with the
improved customer retention is a tremendous foundation as we are
looking forward to building True Wireless into one of the nation's
leading providers of Lifeline programs to eligible households," he
added.
ABOUT KSIX MEDIA HOLDINGS KSIX Media Holdings, Inc. (OTC PINK:
KSIX) is an SEC fully reporting media and Internet company located
in Las Vegas, NV. Currently, there are three divisions, KSIX, LLC,
DigitizeIQ, LLC and True Wireless. KSIX and Digitize IQ operate a
digital advertising network utilizing proprietary technology and
intellectual properties designed to create new revenue streams and
increase measurable audiences for clients. KSIX provides
performance-based marketing solutions to drive traffic and sales.
KSIX manages offer tracking, reporting, and distribution on the
third-party platform. On December 14, 2016 KSIX entered into a
definitive agreement with True Wireless that comprises a management
agreement as well as an acquisition agreement subject to FCC
approvals.
ABOUT TRUE WIRELESS, LLC True Wireless LLC, an Oklahoma company,
is an eligible telecommunications carrier (ETC) providing
discounted and subsidized wireless voice and broadband services.
The company provides service in Texas (TX), Oklahoma (OK), Arkansas
(AR), Maryland (MD) and Rhode Island (RI). The subsidized service
is provided under the Lifeline program. Americans who enroll in the
program must qualify and maintain annual certification.
FORWARD LOOKING STATEMENTS Certain statements in this release,
other than statements of historical fact, may include
forward-looking information that involves various risks and
uncertainties. There can be no assurance that such forward-looking
statements will prove to be accurate. Actual result and future
events could differ materially from those anticipated in such
statements. These and all subsequent written and oral
forward-looking statements are based on the estimates and opinions
of management on the dates they are made and expressly qualified in
their entirety by this notice. The Company assumes no obligation to
update forward-looking statements should circumstances or
management's estimates or opinions change, other than as required
pursuant to applicable securities laws.
Contact Information
Contact Information KSIX Media Holdings, Inc info@ksix.com
Investor Contact OmniVance Advisors PR@ksix.com 858-381-5740