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Yahoo Planning Stronger Push Into Asia, Foreshadows Operator Deals

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Yahoo (NSDQ: YHOO) president Susan Decker has promised “a number of announcements in the months ahead, even days and weeks” concerning a series of partnerships with mobile carriers in Asia reports Reuters. The countries mentioned—Taiwan, South Korea, Hong Kong and Malaysia—have some of the region’s highest mobile penetration rates…in fact in the world, Hong Kong has 1,245 phones per 1,000 people putting it the second highest mobile penetration in the world, according to Nationmaster. Yahoo is looking towards mobile for growth, and Asia is looking like a good place to target that… in June Yahoo announced deals with six Asian operators, including ones in South Korea and Taiwan.

Oct 24, 2007 5:44 PM ET

Posted In: Companies, Yahoo, Countries, Asia, Korea

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