Talkweb, Rednet to Establish Mobile JV
Shenzhen Stock Exchange, 7/10/10
Hunan-based telecom software developer and wireless value-added services provider Talkweb (002261.SZ) announced on July 10 that its board of directors passed a motion to establish a joint venture in Beijing with Hunan news portal Rednet. The new company, "Beijing Palmtop Rednet," will be established with RMB 30 mln in registered capital, including RMB 14.7 mln from Talkweb for a 49% stake.
"Palmtop Rednet" will join Rednet's content resources and brand recognition with Talkweb's technical resources to provide wireless internet value-added services.
Keywords: Rednet mobile Internet wireless 002261.SZ Talkweb JV WVAS
Sending
