[Korea.net News, Science / Tech, March 3 2008] SKT, Citigroup sign joint venture deal

SK Telecom Co., Korea’s leading mobile carrier, said Thursday (Mar. 6) it has signed a deal with Citigroup Inc. to form a joint venture for mobile financial services in the U.S.

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The companies plan to commence trial services such as mobile banking in major U.S. cities in the second half and later expand services into other areas including stock trading by 2009.