Friday, October 22, 2004

WIDERTHAN EXPANDS INTO U.S. THROUGH ZTANGO ACQUISITION

WiderThan was born through a consulting project by AT Kearney for SK Telecom in Korea. Now they are making a move into the U.S. by acquiring Ztango.

It will be interesting to watch how WiderThan (definitely needs a name change as it goes global) does as it expands outside of Korea. Most of its success has been tied to the fact that it's the primary service provider for SK Telecom's customers, and its parent company is the 800-pound gorilla in the Korean wireless market. Wait and watch.

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