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Summary:

Filipino mobile operator Globe Telecom, the country’s biggest telecom, has bought out Asian mobile content distribution group Entertainment…

imageFilipino mobile operator Globe Telecom, the country’s biggest telecom, has bought out Asian mobile content distribution group Entertainment Gateway Group and its EGGstreme (Hong Kong) unit, for about $7.9 million. The company provides the usual slate of mobile content and application services…Its overseas markets are mainly composed of ex-pat Filipino communities in Japan, US, Hong Kong and the Middle East. Some more details in this local story.

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  1. really, only 7.9M? that's a good deal. I bet Smart (smart.com.ph) is not happy about Globe's purchase

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