Wednesday, February 3, 2010

More on textbooks :Nokia, Pearson partner for mobile education program in China.

Telco expansion is a powerful engine of new growth. (FYI the other one is a resugrent Auto Industry. Notice what happened to Sirius the last couple of days? )

My bet is that as soon as a Print global makes the telco connection, my portfolio will be even happier than it's been this last year and the high school dropout problem will be solved much sooner, rather than later.

In any case, here's another data point from today. Keep in mind that Nokia has, I believe, 40% of the global handset market and Pearson is Pearson.
Nokia, Pearson partner for mobile education program - Mobile Marketer - Content:
"The two companies partnered to help the Mobiledu education program appeal to more consumers. Nokia said that it believes the combination of Pearson’s content and its Mobiledu service will offer an even more compelling proposition for customers and partners in the future.

Since its launch, in 2007 Mobiledu has attracted 20 million subscribers in China, with 1.5 million people actively using the service each month."

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