It seems that Opera Software is extremely pleased with this particular arrangement, which is something that they have been on the lookout for for more than a decade. It is touted that this agreement will prove to be profitable for Opera right from the very beginning, and this optimism was reflected in a 6.5% increase in Opera’s shares on the day of signing. In fact, Opera Software also did not do too badly in their Q2 report, showing a growth of up to $27 million in earnings, which is $2.3 million ahead of analysts’ predictions.
Apart from that, Opera Mini has the technical background and ability to be touted as one of the best browsers where feature phones are concerned, since it can compress data up to 90%, before streaming it to the user, helping users save more money in the long run when it comes to checking out the Internet on a feature phone. [Press Release]