OnMobile Global, a company engeged in telecom value-added services (VAS), announced the company has secured a one year extension for its Ringback Tone offering with Vivo, the largest telecommunications company in Brazil.

As per this agreement, OnMobile will continue to provide its flagship Ringback Tone offering to Vivo's 80 million mobile subscribers for another year.

Earlier, the company has secured a 3-year deal with Reliance Communications (RCom) to provide ringback tones to its customers on GSM and CDMA networks across India.

Shares of the company gained Rs 1.4, or 1.07%, to trade at Rs 131.80. The total volume of shares traded was 239,597 at the BSE (10.56 a.m., Thursday).