Bambuser performs guaranteed rights issue - develops new solution in mobile live video
NEW DEVELOPMENT BASED ON EXISTING TECHNOLOGY The new management in Bambuser AB (publ), "Bambuser" or "The Company", has over the past year evaluated the current technology, products and competition to define the best possible path to increased growth. The company's new "Go-to-market" strategy, which was presented in August 2018, has created growth in the digital channels. The management's conclusion is, however, that the average revenue per user (ARPU) for the new digital customers is too low to generate the long-term growth that the Company requires. Bambuser has solid technology in