March 14, 2012 on: business, General, International

GoConnect’s (ASX: GCN) has entered an agreement to establish a media partnership in Mongolia for internet protocol television (IPTV) and WiFi.

Under the in-principle agreement with investment holding company First Mongolian, GoConnect will hold a 51% equity interest in a jointly owned company, First Mongolian Media. First Mongolian Media will seek to work with existing Mongolian IPTV companies, with GoConnect providing its content and licencing its IPTV and WiFi media technologies to businesses in the country. GoConnect’s English language content will be distributed via the uctv.fm and The World Business Network channels to complement existing English language IPTV content. The IPTV/WiFi partnership is in addition to an agreement between First Mongolian and GoConnect’s corporate advisor Sino Investment Services, whereby Sino will act as lead manager for First Mongolian’s proposed listing on the ASX. First Mongolian has interests in mining, business consultancy and media in Mongolia. Please note that this article and / or its accompanying media (picture, video, sound files etc…) has not been written, created or taken by M.A.D. Investment Solutions staff. It is not copyrighted to M.A.D. Investment Solutions nor does the company claim any ownership or rights towards the content and its accompanying media. The above article does not in any case represent the views or opinions of M.A.D. Investment Solutions or any of its affiliate individuals or companies. The article above is purely meant as a source of information to readers and does not constitute a legal or biding agreement in any way, shape or form. Ownership of the content and its accompanying media remains with its legal owner or contributor but was sourced from Public Domain sources. If you are the owner of this content or its media and would like it replaced or taken out of our website, please contact us on: info@mad-mongolia.com. For contact and comments directly relating to the above article and or its accompanying media, please refer to the source as stated below.

SOURCE OF THIS ARTICLE : Proactive Investors australia

Please note that this article and / or its accompanying media (picture, video, sound files etc…) has not been written, created or taken by M.A.D. Investment Solutions staff. It is not copyrighted to M.A.D. Investment Solutions nor does the company claim any ownership or rights towards the content and its accompanying media. The above article does not in any case represent the views or opinions of M.A.D. Investment Solutions or any of its affiliate individuals or companies. The article above is purely meant as a source of information to readers and does not constitute a legal or biding agreement in any way, shape or form. Ownership of the content and its accompanying media remains with its legal owner or contributor but was sourced from Public Domain sources. If you are the owner of this content or its media and would like it replaced or taken out of our website, please contact us on: info@mad-mongolia.com. For contact and comments directly relating to the above article and or its accompanying media, please refer to the source as stated above.

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