NEW YORK, April 15, 2015 /PRNewswire/ -- Voltari Corp. (NYSEMKT: VLTC) is a digital advertising company provides relevance-driven merchandising, digital marketing, and advertising solutions, primarily over smartphones and other mobile devices to brands, marketers, and advertising agencies. The company's revenue is earned under contracts in its advertising business. Voltari also offers analytics services. It uses advanced predictive analytics capabilities and real-time data management to deliver the right content to the right person at the right time. This predictive analytic system allows advertisers to track and better understand store visits resulting from mobile impressions.
Voltari's technology and marketing ability drives significant value. Total revenues for the year 2014 increased 39.2%, compared to the year 2013. Based on the company's recent annual report, customers individually comprising more than 10% of revenue totaled 27% in 2014, down from 40% in 2013, reflecting a broader customer base in 2014.
Recently, Acquisition of Common Stock by a renowned activist investor, Carl Icahn, has made Voltari's stock shoot up well over 100% (173.3% from $1.01 to $2.76) in a day. The investor disclosed a stake of 4.4 million in the company giving a 52.3%.
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