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Rumor: Focus Media Online Ad Business to List

China Business News, 11/29/07

According to an informed source, Focus Media's online advertising business, in addition to its wireless business, will list independently. In the future, the company will form listed assets for its three main divisions: digital out-of-home display advertising, mobile advertising, and online advertising. Focus Media will also establish a holding company as a parent of the three listed subsidiaries.

Focus Media vice president Ji Hairong disclosed that Focus Media's business is divided into buildings, frames, Internet, and wireless and that in the future each of these may list separately.

Keywords: Focus Media out-of-home display online advertising mobile advertising Internet wireless IPO Ji Hairong frame advertising

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