Zed monthly revenue tops $100m

Mobile value-added services player Zed Group (formerly LaNetro Zed, and current owner of MonsterMob) has just announced they generated a record $100 million dollars in revenue in the month of September 2007. The company’s mobile products and services are used by more than 35 million customers across 37 countries each month.

Javier Perez Dolset, founder and CEO of Zed, commented, ‘It is incredible to think that during a single day in September we generated more revenues globally than we did during the whole of 2000. In our most recent fiscal year, we were delighted to reach $454 million in revenue, and our continued growth illustrates the rising global consumer demand for mobile services and entertainment.”

Attributing to Zed’s recent growth is its new line of mobile products, which offer users an interactive community where they can create and share content – across the Web or their mobile device. Together with the company’s proven business models and strong third party alliances, Zed’s upcoming US activities have set the company on a path for continued growth in the Web and mobile markets.