Napster Launches Japanese Mobile Service
November 7, 2007 – 8:20 pmNapster (NAPS - news - Cramer’s Take - Rating) launched its planned mobile music service in Japan on Monday.
The service runs on NTT DoCoMo’s (DCM - news - Cramer’s Take - Rating) iMode mobile internet platform, which is used by over 40 million of DoCoMo’s 52 million subscribers in Japan.
For about $3 a month, DoCoMo customers can access full-length songs and ringtones wirelessly. Those subscribers will also receive 300 credits a month, which can be used to buy individual tracks and ringtones.
Napster shares were off 2 cents to $4.79 in recent trading.
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