Exchange Media Corp. (EXMD.PK): The Multimedia Video-enabled Cell Phone
Not too long ago, cell phones were big, boxy, and too expensive for most families. Unlike phones today, they were only designed to make and take phone calls with a tiny monochrome screen. Today, however, we have sleek multimedia devices that can do so much more than just make phone calls and nearly every family owns at least one of them. This revolution has brought much greater functionality and consumer demand for music videos, television shows, mobile internet, as well as video ringtones. While many U.S. cellular carriers foresaw this trend and have already generated enormous profits, the emerging markets…