eServGlobal Limited's first half revenue outlook continues to be above A$80 million ($53.4 million), as indicated in the Chairman's annual general meeting address on November 5, 2008.
Conditions in its global telecom markets are now improving, eServGlobal says, with subscriber growth in emerging markets meeting the levels forecast by leading analysts.
It adds that it has significant opportunities in developed countries in the second half, including North America.
ABN Amro will advise the company on potential options relating to a number of preliminary approaches received from interested parties. A formal process was adopted and several non-binding indicative offers have been received.
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