Korean Telcos Give Cash For Content

Telcos in South Korea are bulking up their content offerings in a competition for customers and are actively seeking alliances with content makers.
“Although cell phones are a great product, they are useless without great contents,” said Kim Seong-ho, an official in charge of content investment at KTBnetwork Co., an investment company. In recent months, large companies that make mobile devices or offer mobile services have increasingly been looking to small and medium content providers for their games, music and videos.”
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