ROUTE MOBILE LIMITED has informed the Exchange regarding a press release issued by Proximus Global S.A./N.V. (promoter company of Route Mobile Limited) dated July 25, 2025, titled "Proximus Global achieves Visionary status in Gartner Magic Quadrant for CPaaS".
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Route Mobile's promoter company, Proximus Global S.A./N.V., has been recognized as a 'Visionary' in Gartner's Magic Quadrant for Communications Platform as a Service (CPaaS) in its debut appearance. Proximus Global was formed on January 1, 2025, by combining BICS, Telesign, and Route Mobile. The recognition highlights the group's unified go-to-market strategy, focus on security and fraud prevention, and global scale, reaching over 5 billion subscribers and securing more than 180 billion transactions. Proximus Global is expanding its global RCS coverage and enhancing its CPaaS stack with Network APIs offering location services, Quality of Service, and device information. The company views this recognition as validation of its strategy to foster trustworthy digital communications globally.
This is a positive brand and credibility milestone for the Proximus Global group, in which Route Mobile is a key entity. While there is no direct financial impact, the Gartner recognition may boost Route Mobile's market positioning, support business growth, and enhance investor confidence in the company's long-term CPaaS strategy.