Companies

VisionChina inks new deal with Beijing subway

(Agencies)
Updated: 2010-07-15 11:06

Chinese digital advertising company VisionChina Media Inc said Wednesday that it has signed a five-year contract with Beijing's subway system.

Related readings:  4.8m subway commuters every day in Beijing  Beijing subway ticket to remain at low price  Underground network that's expanding the city's subway  VisionChina wins exclusive right to operate mobile television advertising

The agreement extends VisionChina's existing contract with the subway system.

VisionChina, which is based in Beijing, operates a mobile digital television and advertising network aimed at subway riders underground and those riding buses.

Financial details of the contract were not disclosed.

Shares in VisionChina added 6 cents to $3.35 on Wednesday.