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3G video mail
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zhuge_liang
Supreme |
06-Sep-2007 01:25
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The loss-making Korean mobile software solutions provider has been dealt another blow. It announced on 4/9 that its contract to provide FeelRing and its related contents services to LG Telecom (LGT) - a business which contributed more than 60% to its group revenue - will not be renewed when it expires at the end of this year. The company said its wholly owned subsidiary Oniontech Co (OT Korea) had on 31/8 received notice of the non-renewal from LGT. OT Korea, however, agreed to operate its Ring Back Tone (RBT) service for LGT until Feb '08 and its RBT contents service until Jun '08, said Oniontech. 'The non-renewal by LGT of OT Korea's FeelRing and its contents service agreement is expected to have a material adverse impact on the company's EPS for the financial year ending 31 Dec 2008,' Oniontech said. It may break its low of $0.09. |
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will040
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21-Jun-2007 18:32
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Nostradamus Supreme Prices and Volume increases for last 2 weeks, any news?? |
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Nostradamus
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01-Sep-2006 17:42
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DBSV said it has initiated coverage with a target price of $0.19. Oniontech generates about 66% of its revenues from the ring back tone service it provides to LG Telecom subscribers and is looking to diversify its revenues by introducing other services such as 3G video mail systems and community portal services. "Given the steady flow of revenues from ring back tone service and the promise of 3G video mail systems and community portal services, we initiate coverage with a 'buy'," DBSV said in a research note. |
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