Tuesday, 22 January 2019

Italy's Vitaminic, Buongiorno to merge

By Reuters staff
Tuesday 04 February 03

Companies to focus on driving music to mobile phones.

Italian interactive messaging firm Buongiorno and struggling Internet music provider Vitaminic said on Tuesday they had agreed to merge to focus on businesses such as pumping music to mobile phones. The all-share transaction would give Buongiorno a public listing and its shareholders a majority of the combined entity. Based on Tuesday's market price, Vitaminic has a market value of about 38 million euros ($41…

Italian interactive messaging firm Buongiorno and struggling Internet music provider Vitaminic said on Tuesday they had agreed to merge to focus on businesses such as pumping music to mobile phones. The all-share transaction would give Buongiorno a public listing and its shareholders a majority of the combined entity. Based on Tuesday's market price, Vitaminic has a market value of about 38 million euros ($41…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry