EVR Holdings Shares Rise on 5G Partnership With O2
October 17 2019 - 3:59AM
Dow Jones News
By Adria Calatayud
Shares in EVR Holdings PLC (EVRH.LN) rose Thursday after the
company said that it has entered into a partnership with Telefonica
SA's (TEF.MC) O2 unit to become the exclusive music partner for its
5G launch in the U.K.
The U.K. virtual-reality content creator said O2 will provide
customers of its new 5G network in the U.K. with a 12-month
subscription to EVR's MelodyVR platform. O2 will remunerate
MelodyVR for each customer using the promotion and will guarantee a
minimum number of subscribers during the first year, EVR said.
EVR shares at 0724 GMT were up 14% at 6 pence.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
October 17, 2019 03:44 ET (07:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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