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Article: CDC Mobile Announces Intention to Make a Strategic Investment in a Leading 3G Content Provider in Japan.
- Article from:
- PR Newswire
- Article date:
- January 25, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Investment Would be the First Move in CDC Mobile's US$100 Million 3G Content
Partner Program
BEIJING, Jan. 25 /Xinhua-PRNewswire-FirstCall/ -- CDC Mobile, a leading provider of mobile value-added services ("MVAS") in China and a business unit of CDC Corporation , announced today it has entered into a letter of intent to make a strategic investment in BBMF Group Inc, a leading 3G content provider in Japan. This will be the first of CDC Mobile's targeted investments through its recently announced US$100 million 3G Content Partner Program designed to provide first-mover advantage in the anticipated 3G content market in China.
Under the letter of ...