Monday, July 25, 2005

Satellite DMB in Korea to break even in 3 years

Telecoms Korea Newsletter is reporting today that SK Telecom expects the satellite side of the DMB business to reach break even point in 2008. Kim Shin-bae, CEO of SKT, the guy with the big smile above, explained in a conference call for investors on Monday, "The business will be more facilitated once KTF joins the market. We will stimulate the demand with distinctive contents and market segmentation." TU Media, the Korean nation's sole satellite DMB provider, said Monday that the number of subscribers to its service exceeded the 100,000 mark on 22 July 2005, two months and 22 days after it launched its service.
 Posted by Picasa

No comments: