Mobile phone information provider iTouch, which is 50%-owned by Independent News & Media, has seen its losses grow to £9.9m sterling for the first nine months of the year.
Revenues at the company, which launched in Janaury and floated at 70p in August, came to £2.3m, with £1.2m of this earned in the third quarter.
iTouch says it is looking at expanding into a number of new countries in conjunction with 'major media partners'.
