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Comverse, BMG Ink Mobile Music Deal
Posted: 09-Apr-2002 [Source: Wireless NewsFactor]

[Comverse and BMG sign agreement to deliver music service for handsets via Comverse's VoiCD platform. ]

by Dan McDonough -- "Comverse Technology (Nasdaq: CMVT) has signed an agreement with BMG Europe, a division of one of the largest record companies in the world, to distribute music via Comverse's VoiCD platform.

"Comverse said the deal will let mobile users download songs to their wireless-ready devices all for a fee, and the Comverse music management system will calculate the royalties payable to BMG and its artists.

"Wireless music deals will become much more prevalent as telematics systems become more widespread and more mobile phones can handle the technology, industry observers say.

"Deloitte Consulting analyst Paul Lee told Wireless NewsFactor that there already are a number of handsets on the market that can act as a mobile MP3 player or a radio -- including the Siemens (NYSE: SI) SL45 and the Nokia 5510.

"It gets interesting when you can download music to your handset," he said.

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