Sales of SPACETALK were due to commence from 9:00am London time on Tuesday 6 August through Sky Mobile.
Under the purchase agreement signed between the two companies Sky will sell SPACETALK on a £10 per month plan for 36 months, which includes the SPACETALK watch, mobile services and accompanying AllMyTribe App.
MGM (ASX:MWR) will receive full wholesale payment and will recognise full revenue when the device is sold to Sky.
MGM Wireless CEO Mark Fortunatow says “We are thrilled to have Sky selling SPACETALK in the UK.
“This launch with Sky in the UK represents another major milestone for the company and represents the second major mobile network operator to stock SPACETALK.
“As a responsible business, Sky is focussed on ensuring its products and services are safe for families and kids, something that we are also committed to at MGM Wireless.
“At the highly attractive price of £10 per month, SPACETALK now becomes very affordable to families with young children. I think we will see a new mass market emerge with very large sales volumes generated indeed.”