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PACIFICNET INC Message Board

  • ace_tracker ace_tracker Aug 30, 2005 11:36 AM Flag

    News

     

    11:30 ET GUANGZHOU, China--(Business Wire)--Aug 30, 2005--

    PacificNet Inc. (Nasdaq:PACT.S), a leading provider of
    value-added telecom services (VAS) in China, announced today that its
    subsidiary, PacificNet Clickcom, has reached an agreement with China
    Mobile's (NYSE:CHL.N) Guangdong branch to launch a new value-added
    service called "MMS Blog", through which mobile users can send their
    pictures taken by mobile phones to WAP websites. China Mobile is a
    leading provider of mobile communications in the country. Guangdong is
    one of the largest and most affluent provinces in China and represents
    a significant opportunity for PacificNet to offer value-added telecom
    services.
    According to recent statistics announced by the Ministry of
    Information Industry (MII), China has about 402 million mobile users,
    out of which 30 million have camera-enabled phones. Young adults, who
    possess mobile phones with such a function, often upload the pictures
    taken to their favorite Blog sites and share with friends. The Blog
    service on the internet has become one of the most popular services
    used by young mobile users in China, who enjoy expressing themselves
    via Blog. Based on such growing market demands, Clickcom launched this
    brand new service with integrated features of multi-media message
    service (MMS) and Blog. Users can upload their favorite pictures to
    the WAP sites using MMS to share with others, through a service which
    costs RMB 1 per use.
    David Wen, General Manager of PacificNet Clickcom stated, "We are
    delighted to work with China Mobile in launching this MMS Blog
    service. We will continue to make great use of our mobile application
    development expertise to provide innovative and competitive value
    added services to capture the growing demand of young mobile users in
    China."

    About China Mobile

    China Mobile (NYSE:CHL.N) is China's leading mobile telecom operator
    with over 224 million mobile subscribers out of which 61 million are
    contract subscribers and 163 million are prepaid subscribers (calling
    cards).

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