50.3% revenue increase for M-STAT during the first quarter of 2021!
The results of M-STAT for the first quarter of 2021 show an impressive increase in revenue for all M-STAT services, compared to the same period of 2020. The company’s sales volume increased by 50.3%. In absolute numbers, there was an increase in the SMS traffic by 40%, while the Viber messages traffic increased by 89%.
The era of the pandemic created new challenges highlighting the importance of remote communication. M-STAT, with 20 years of experience in the field of telecommunications and a leading presence in the field of Business Messaging, took immediate action adopting home office operation continuing to provide its services seamlessly. By ensuring seamless service delivery, it effectively assisted businesses maintain contactless communication with customers. M-STAT services showed a substantial contribution to the safe operation of the market, by providing reliable digital services that enabled contactless transactions.
Mr. Ion Badekas, CEO of M-STAT, stated:
“We are very pleased with the results of the 1st quarter of 2021, which more than meet our expectations. Our innovative services and the continuous efforts of our staff to best serve our customers bring balanced growth through the increase of sales volume and our overall improved image in the market. We expect that the implementation of our business plans and the gradual return to business as normal will lead to an acceleration of the growth rate of revenues for the rest of the year “.