p2p news / p2pnet:- Chinese mobile Net company Tom Online (TomO) and Skype today said they`ve agreed to establish a 51% and 49% joint venture with Tom Online holding the larger piece of the pie.

The two teamed up last year, to bring to Chinese Internet users a state of the art communication tool and instant messaging service, said Skype at the time. Co-branded as TOM-Skype in China, the service runs solely through TOM Online.

Under the new agreement, the joint venture company will “develop, customize and distribute a simplified-Chinese version of the Skype software and premium services to Internet users and service providers in China,” says ChinaTechNews, adding:

“Terms of the deal were not disclosed.”

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See:-
Skype – TOM Online Partners with Skype to Bring Breakthrough IM platform to China, October 24, 2004
ChinaTechNews – Tom Online, Skype Announce Chinese Joint Venture, September 5, 2005

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