STT to buy stake in U Mobile & VNPT

www.WirelessFederation.com/news: Malaysian cellco U Mobile stake will be taken up by Singapore Technologies Telemedia. The announcement for the strategic partnership agreement will be made by the two companies on Monday.

NTT DoCoMo and KTF were the earlier partners of U Mobile which exited the company and now ST Telemedia is widely expected to become the latest foreign investor in U Mobile.

10% stake in VNPT Global, the offshore arm of Vietnam’s VNPT Group has also been announced by ST Telemedia.

However, financial terms of the deal are still not disclosed. VNPT Global operates in Singapore, Hong Kong, USA and the Czech Republic.

AdMob inks deal with Peperoni

AdMob announced an exclusive partnership with mobile community service provider Peperoni that will place the mobile advertising network provider’s ads on more than 200 million Peperoni pages per month worldwide. The agreement guarantees AdMob advertisers like Coca-Cola, Adidas, Teletext and LG exclusive access to the peperonity.com network, which enables users to design their own mobile page layouts, launch blogs and chat with other community members. According to Peperoni, the network is growing at more than 20 percent per month, with 10 million unique visitors each month. The AdMob network now comprises more than 1,700 mobile website publishers running AdMob advertising campaigns on a revenue-share basis.

   

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