iGuanaMobile makes foray into China


  • Business
  • Saturday, 29 May 2004

INDEPENDENT mobile infotainment service integrator iGuanaMobile Sdn Bhd has signed an agreement with Beijing Hong Xin Xun Men Pte Ltd (Hong Xin), paving the way for it to penetrate the lucrative Chinese market. 

The agreement, signed yesterday during the Showcase Malaysia in China 2004 exhibition and witnessed by Science, Technology and Innovation Minister Datuk Dr Jamaludin Jarjis, would allow iGuanaMobile to leverage on Hong Xin's nationwide mobile gateway in China to launch its premium mobile infotainment services. 

iGuanaMobile said in a statement that the group had forged many strategic partnerships with mobile network operators in the region to provide them mobile content and services.  

Among them are Maxis, Celcom and DiGi in Malaysia; Telkomsel, XIcom, IM3 and Satelindo in Indonesia; SingTel, M1 and StarHub in Singapore; and ChungHwa and DaGeDa in Taiwan. The group registered a revenue of RM30mil last year and has projected it to hit about RM47mil this year. 

iGuanaMobile aimed to penetrate other Asian markets, and would continue to forge strategic alliances and business collaborations to expand its market share, its managing director Tai Shih Chau said.  

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