 |
15th November 2006 - Vodafone and Yahoo! have formed
a strategic alliance to pool their expertise to create
an innovative mobile advertising business that will
enhance the customer experience on mobile phones while
providing both companies with a new revenue stream.
Yahoo! will become Vodafone's exclusive display advertising
partner in the UK. Yahoo! will use the latest technology
to provide a variety of mobile advertising formats across
Vodafone's rich and varied content services. Yahoo!'s
sales force and technology team will work with Vodafone
to derive benefit from mobile's unique advertising opportunities
while delivering the best possible experience for both
consumers and advertisers. Vodafone and Yahoo! intend
to roll out the initiative in the UK in the first half
of 2007.
|
Under the plans, customers who agree to accept carefully
targeted display advertisements can expect to enjoy savings
on certain Vodafone services. This proposition could extend
to key Vodafone mobile assets including the Vodafone live!
portal, games, television and picture messaging services.
Nick Read, chief executive of Vodafone UK said: "Since
we announced our intention to develop revenue from mobile
advertising as part of our mobile plus strategy unveiled in
May, we have carried out extensive customer trials. We will
now use the experience to determine with Yahoo! how best to
ensure customers, who choose to receive targeted messages,
get better value as well as a richer mobile experience. This
will also ensure that advertisers are given a compelling proposition."
Marco Boerries, senior vice president of Yahoo! said: "This
partnership demonstrates Yahoo!'s continued focus on extending
our leadership in display advertising across multiple platforms.
We are excited to work with a global leader such as Vodafone
to help us define the emerging world of mobile advertising
and create superior experiences that deliver
the most value to advertisers and mobile users alike."
Back to
News Reports
|