Spanish come to Monstermob's rescue

THE SPANISH internet group, LaNetro Zed, is to take effective control of UK based mobile content provider, Monstermob, by acquiring over 50 per cent of the company.

Javier Perez Dolset, Zed's CEO, said his company possessed leading personalised mobile products which it would make available to MonsterMob.

Trouble with the businesses which Monstermob acquired in China led to the company seeking a White Knight. Monstermob's chairman, Hans Snook (best known for his role in building up Orange UK) claimed, "'The agreement with Zed secures the financial position of Monstermob."

The INQ previous reported here that LaNetro might be acquired by Mblox. In fact mBlox only acquired LaNetro Zed's operator connectivity business in Asia.

Nonetheless, Zed is best known in the UK for its very public spat with UK telecoms rules enforcer, ICSTIS. Mblox also likes to play down its own role in the Crazy Frog fiasco, when it too got fined by ICSTIS.

The pair are therefore well suited to each other. µ

See Also
Zed to be acquired by Mblox
Zed chides industry enforcer -ICSTIS
Zed Staines mobile industry's reputation