2PM and BT Wholesale agree deal

Irish technology company 2PM Technologies and BT Wholesale have signed a revenue-share agreement, under which BT Wholesale will promote, distribute and resell to its UK customer base 2PM's new mobile application, Remote Access Mobile System [RAMS].

It is the first time that BT Wholesale has signed such an agreement with any external application developer, and represents a significant departure from a typical licensing agreement. Revenues will accrue to 2PM Technologies and BT Wholesale from usage charges levied on end-users of RAMS. End-users can range from private individuals to corporates.