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How to install phpList on a CentOS 7 VPS

phpList is very popular and simple to use open source newsletter system which is designed for the dissemination of information, such as newsletters, news, advertising to list of subscribers. It allows users to add and manage email subscribers, create their own mailing lists and send email newsletters. phpList is written in PHP and uses a MySQL database to store the information. It is readily available and fairly easy to install on any Linux VPS system.