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Monday, June 25, 2007

Yahoo in mobile Internet service deal with 6 Asian carriers

The Jakarta Post

SINGAPORE (AP): Yahoo Inc. said Wednesday six mobile carriers in Asia will use Yahoo's Web-based search service as the default engine on their mobile portals.

The operators are Globe Telecom Inc. in the Philippines, Idea Cellular Ltd. in India, LG Telecom in Korea, Maxis Communications Bhd. in Malaysia, PT Telekomunikasi Selular in Indonesia and Taiwan Mobile in Taiwan.

The operators have about 100 million subscribers combined, Yahoo said during a press briefing at a telecommunications conference in Singapore.

The Sunnyvale, Calif., Internet giant said the service will provide tailored and instant answers to any searches performed by cell phone users.

"These strategic partnerships demonstrate our commitment to invest in this (mobile) space and be the leader ... in Asia," said David Ko, vice president and general manager for a Yahoo division.

Ko declined to provide the financial terms of the deals reached with the six carriers. He said the company is in talks with operators in other regions for possible partnerships.

Yahoo has been losing ground to Google Inc. on the World Wide Web, an issue that some analysts say led to the resignation of Terry Semel as chief executive earlier this week. Co-founder Jerry Yang replaced Semel as chief executive.

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