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Wednesday, 22 December 2010 18:58

Jesta Buys Fox Mobile Group From News Corp

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image It looks like News Corp. has unloaded its Fox Mobile Group division. According to a release, investment company Jesta Group has acquired Fox Mobile Group (FMG) from News Corporation. Terms of the deal were not disclosed in the release.

FMG operates a number of mobile services including

Jamba, Jamster, Mobizzo and iLove, as well as Bitbop, a recently launchedmobile video service and entertainment platform. FMG will become part of Jesta Mobile Holdings.

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Authors: Leena Rao

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