|
5Fad CEO Duanping Wu added, "China is the biggest wireless communication
market, having over 500 million mobile subscribers, achieving above 40 per cent
of the global market share. The Mobile Music market is estimated to grow its revenue
over tens of billions RMB. With the 3G deployment, more and more domestic companies
will enter this market and face fierce competition. Now 5Fad has actively seized
the first position in the 2.5G mobile streaming service market. So its future
will be very promising." The
official commercial release of the mobile streaming music service using the 5Player
will be in the first quarter of 2007. |