Rumor: Ultrapower to Lose Fetion Revenue Share

Dfdaily.com, 11/08/11

An industry source said yesterday that in ongoing Fetion mobile IM operations contract renewal negotiations with Beijing-based IT solutions provider Ultrapower Software (300002.SZ), China Mobile (NYSE: CHL; 0941.HK) proposed abandoning the current revenue share business model in favor of a one-time payment for support services rendered. China Mobile also proposed reducing the length of the contract term from three years to one year.

Editor's Note: For more background on this topic, please see "Rumor: China Mobile to End Revenue Share with ASPire" MD 7/12/11issue.

Keywords: mobile application mobile data China Mobile wireless Fetion mobile IM business model CHL revenue share 0941.HK Ultrapower 300002.SZ IT services

Feedback

Sending

Disclaimer

The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily