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Article: CDC Mobile to invest in Japanese 3G content provider.

Article from:
China Business News
Article date:
January 26, 2007
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CDC Mobile to invest in Japanese 3G content provider

Shanghai. January 26. INTERFAX-CHINA - CDC Mobile, a mobile value-added service provider in China, said today the company has entered into a letter of intent to make a strategic investment in BBMF Group Inc, a 3G content provider in Japan.

CDC Mobile plans to invest US $20 million in convertible bonds issued by BBMF. In addition, the two companies would form a strategic alliance to jointly target 3G markets in both Japan and China, according to the company.

The anticipated movement ...

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