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Telefónica and OverActive Unveil Long-Term Partnership at Mobile World Congress

Newswire.ca - Wed Feb 28, 7:00AM CST

OverActive Media's Biggest Financial Partnership to Date

TORONTO, Feb. 28, 2024 /CNW/ - OverActive Media Corp. (TSXV: OAM) ("OverActive" or the "Company"), a premier global esports and entertainment company for today's generation of fans, today announced that Telefónica, a long-time partner of Movistar Riders, has renewed their sponsorship for three years to the end of 2026. Upon completion of OverActive's pending acquisitions of the esports assets of Goatch Global, S.L. (operating as "KOI") and Team Randomk Esports S.L. (operating as "Movistar Riders") (collectively, the "Acquisitions"), first announced on January 4, the multimillion-dollar multi-year agreement will represent the largest financial partnership in OverActive's history.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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