Sunday, November 30, 2008

Yahoo-Virgin mobile contract for British mobile search deal


Yahoo Inc and Virgin Mobile Network have agreed a deal making Yahoo search the exclusive pre-installed search service for Virgin's 4 million mobile subscribers in Britain, the two companies said on Monday.

Yahoo is hoping to steal a lead on rival Google in the nascent mobile search and advertising markets, having lost the battle for dominance in the desktop computer search market, and is spearheading its European efforts in Britain. "We will continue to focus on investing in this area. It falls squarely within our strategy of indispensable starting points," the head of Yahoo's mobile operations in Europe, Mitch Lazar, told Reuters by telephone.

Yahoo aims to make itself a favorite starting point for Internet consumers, providing easy access to popular services and relevant information without needing to own those services and information itself. The Virgin deal will bring Yahoo's coverage of the British population using mobile search up to 80 percent from about 76 percent previously through its partnerships with operators, Yahoo said, citing m:metrics data.

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