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GameLoft Sees Huge Rise In Revenues

Representatives from Ubisoft’s mobile games spin-off GameLoft have announced a 249% rise in revenues in the first quarter of this year, with a turnover of €40 millio...

David Jenkins

April 29, 2004

1 Min Read

Representatives from Ubisoft’s mobile games spin-off GameLoft have announced a 249% rise in revenues in the first quarter of this year, with a turnover of €40 million ($47.8m) – 94% of which has come from wireless gaming activities. Officials claimed the increasing numbers of high-end mobile phones on the market were the key catalyst for the company’s success. The installed base of Java and BREW enabled phones rose from 100 million world-wide in March 2003 to 250 million by March 2004. Source: gamesindustry.biz

About the Author(s)

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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