HONG KONG, Dec. 21 /PRNewswire-Asia/ -- ChinaVision Media Group Limited ("ChinaVision" or the "Group", stock code: 1060) announced that it has signed agreement with the People's Daily Online (http://www.people.com.cn ) under The People's Daily to set up a joint venture company which will operate mobile TV business in China and also acquired all shares of Youline Technology Company, which will allow it to become a value-added business partner with the leading mobile telecommunication operators in China. This will also provide the Group with a high quality and stable multi-billing network and powerful mobile channel resources for promotion, enabling it to quickly integrate visual entertainment media resources and introduce new digital products to around 700 million mobile users in China.
Source : http://www.prnewswire.com/news-releases/chinavisio...
Source : http://www.prnewswire.com/news-releases/chinavisio...