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.

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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.