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MY SPACE FOR KOREA, INDIA

December 10th 2007 07:24
MYSPACE LOCAL-LANGUAGE SITES TO LAUNCH IN SOUTH KOREA AND INDIA EARLY NEXT YEAR

News Corp's MySpace will start local-language sites in South Korea and India in the first quarter of 2008, according to the Korea Herald.
Sung Lee, Hong Kong-based vice president of MySpace in Asia, said MySpace is in discussions with Asian wireless operators to offer mobile-phone versions of its online networking portal in the region.
MySpace already offers phone-based services with some Asian carriers including Japan's Softbank Corp, she said.
"The mobile market is an important driver for the company," Lee said while attending the Mobility World Congress telecommunications conference.

Los Angeles-based MySpace's revenue may more than triple to US$2.97 billion in 2013 from an estimated $849 million in the year ending June 30, 2008, David Bank, RBC Capital Markets analyst in New York, said in October.

- From MediaBlab by Peter Olszewski via Factiva

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