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American Entertainment Acquisition Rumors for Tom Online

December 29, 2004
Business

Following its recent purchase of India-based Indiagames, local media are reporting that Tom Online (TOMO) is planning to expand into the overseas market.

According to the reports, Tom Online's CEO Mr. Wang Leilei sees a large market potential for value-added mobile phone services in the US.

Tom is rumored to be looking to acquire an American entertainment project in the first quarter of 2005.

Tags: acquisition | CEO | entertainment | India | media | mobile | mobile phone | online | overseas | phone | Tom Online | Wang Leilei

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