Universal Music Group to market its own phone
Aug 20 2005 - 02:47 AM ET | In The News
Universal Music Group will
enter the MVNO race by partnering with SingleTouch Interactive. The MoveU Mobile phone will come packaged with pre-paid service from SingleTouch powered by the Sprint Nextel network. Interestingly, UMG will customize the phone for individual artists. This is not entirely a new concept as Hilary Duff (a UMG artist) is
selling a customized LG C1300 and has had about 7,000 units sell so far.
MoveU should hit stores, including Wal-Mart, later this year for $99.
This is the second major mobile play by UMG in recent weeks, the company
previously announced an investment in Amp'd Mobile.