Blog Post

Universal Mobile Sees Rise In Revs

(sub. req.) Universal Mobile, the digital arm of the world’s largest music company, is predicting an explosion in the value of content sold via cellular phones rising from $5.3 billion to about $12 billon over the next five years. But revenue growth has been delayed by a lack of mobile handsets capable of downloading music, according to Cedric Ponsot, CEO of Universal Mobile International.