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Linktone Reports Weak Wireless Revenue, Widening Operating Loss In China

Aggregated Source: ChinaTechNews.com
August 29, 2008|

Chinese wireless value-added services company Linktone (LTON) is fighting the tide of sinking wireless fortune as its unaudited financial results for the second quarter ended June 30, 2008 show it only recorded revenues of USD19.1 million, compared with USD20.5 million in the first quarter of 2008, and an operating loss was 58% of net revenues, [...]

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