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• Online Horoscope provides live fortune telling through webcam by member registration. Customers can talk to renowned fortune tellers on website Horolive.com which gathers many fortune tellers of different kinds of fortune-telling, for example, Thai astrology, Gypsy card reading, etc. The service is available from all places for 24 hours.
Production and Information Service Business Overseas
Myanmar : After recently joining hands with Telenor Myanmar Co., Ltd. headquartered in Norway, Mono Technology PCL., as a parent company, synergies with Blue Planet Co., Ltd., a major business partner, and Myanmar Posts and Telecommunications (MPT), the largest mobile operator in Myanmar, to develop the distribution system for contents created by Mono Group and local partners.
Myanmar’s rapid economic growth could be seen after the National League of Democracy (NLD) of Aung San Suu Kyi won the election. The governmental administration of the country has changed greatly with issuance of laws promoting foreign investment. As for telecommunication business, Viettel Co., Ltd., another mobile operators from Vietnam, also received the official license, thus, spurring price competition and superior service. Non-voice service consequently became more popular. Currently, there are 37 million mobile users, accounting for half of the entire population there. Due to bright opportunity ahead, the Company aims at partnering up with other two mobile operators, namely Ooredoo, an operator from Qatar, and Viettel, a new operator whose operation starts in 2017. In addition, a management member of Mono Group has been appointed as a director of Thai Business Association of Myanmar with a key mission to support Thai business operations in Myanmar.
Vietnam : Mono Technology Vietnam Co., Ltd., one of the subsidiaries, offers Video on Demand service for three key mobile operators in Vietnam, namely Viettel, Mobifone, and Vinaphone. In details, its service are mCine and mMusic which are video portal and music portal services distributed via Mobifone and TG Phim service distributed via Vinaphone. Nevertheless, there is a small number of users due to piracy problem as seen in Thailand.
China : Mono Technology Hong Kong Limited, a wholly-owned subsidiary, and Yunnan Mono Technology Co., Ltd. (a business partner) entered into the joint venture agreement to establish Yunnan Mono Digital Technology Company Limited with 42% share held by Mono Technology Hong Kong Limited.
South Korea and Indonesia : According to the Board and the management team’s discretion on financial analysis and operating cost reduction, two overseas subsidiaries including Mono Technology Korea Corporation and PT. Mono Technology Indonesia shut down operation as unsatisfactory operating results. The liquidation of Mono Technology Korea Corporation ended on October 31, 2016. Meanwhile, PT. Mono Technology Indonesia is in the process of liquidation.
Annual Report 2016
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