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Files under: News
Posted by: Quintura @ 01:09 [2. 06. 09]
 Zed Group, a Madrid, Spain-headquartered mobile content provider, has acquired 50 percent plus 1 share in Temafon, a mobile content aggregation service and part of Tema mobile media holding, reported business newspaper Vedomosti. The deal could be valued at more than $5 million. Temafon is exclusive aggregation service provider of Russian-based mobile content to Russia’s 2nd largest mobile operator VimpelCom (Beeline), which indirectly owns a minority stake in Temafon.
Through the acquisition, Zed will strengthen its position on the Russian mobile content market, which is expected to reach $1 billion in 2009. Zen already owns Infon, the leading mobile content provider in Russia, via acquisition of UK’s Monstermob.
The Russian mobile content market was estimated at $800 million in 2008, up 40% from 2007. The fastest growing mobile content services included ring back tones and games.
Tags: Russian mobile content, Russian mobile content market, Tema, Zed Russia, Zed Temafon
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