iTouch to focus on 3G after profits announcement

Mobile content group iTouch has reported underlying pre-tax profits of £1.8m (€2.6m) for last year, after the group recorded losses of £13.5m (€19.3m) in 2003.

iTouch Chairman Ivan Fallon said: "This has been a landmark year for the group which is reflected in another excellent set of financial results. Our main focus has been to acquire and integrate (Finnish mobile services provider) Jippii, leverage our international presence and develop our consumer brands."

The group’s objective this year is to extend its product offering and prepare for 3G by focusing on products such as music, gaming, gambling, chat and dating.