- CEO
- Jason Hoida
- Full Time Employees
- 4
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Tordenskiolds allé 16 Oslo PS Norway 0252
- IPO Date
- Mar 11, 2004
- Business
- Otello Corporation ASA is a Norwegian investment holding company primarily engaged in managing its portfolio of mobile technology and digital services businesses. The company’s core products and services are centered around mobile solutions including subscription-based mobile app and game discovery services, mobile advertising platforms, and cloud-based network optimization and video management solutions. Its main operational subsidiaries include Bemobi Mobile Tech S.A., which offers subscription services for mobile applications and games across more than 35 countries in Latin America and Asia; AdColony, a global mobile advertising platform delivering performance marketing and advertising solutions for brands, agencies, publishers, and app developers; and Skyfire Labs, which provides cloud-based services for mobile operators to optimize network performance and video delivery.
Founded in 1995 as Opera Software ASA, Otello Corporation transitioned away from its original web browser business following the sale of the Opera consumer-facing brand and browser software to a Chinese investor consortium. Since then, Otello has shifted focus to mobile media, advertising, and operator solutions. Its headquarters are located in Oslo, Norway.
In the last 1-2 years, Otello has actively pursued strategic changes including a significant share buyback program aimed at strengthening shareholder value. Its primary recent operational emphasis remains on supporting and expanding its investment in Bemobi Mobile Tech S.A., consolidating its position in mobile subscription services, and enhancing its mobile advertising capabilities through subsidiaries like AdColony. The company continues to explore growth opportunities within mobile software, digital payments, customer engagement platforms, and related markets.
Otello operates mainly in Norway, Latin America, and Asia through its subsidiaries and investment portfolio, targeting mobile network operators, advertisers, publishers, and app developers. The company is listed on the Oslo Stock Exchange under the ticker OTEC.OL and maintains a strategic focus on leveraging technology to drive growth in mobile entertainment, advertising, and digital service platforms.