HTC to launch music streaming service?

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HTC is expected to come with plethora of devices at the Mobile World Congress. To be honest, it’s not surprising. The surprising fact, however, is that the Taiwanese company is rumored to launch a music streaming service. This little piece of news comes from GigaOm who says that the company is now working on the pricing plans and other details.

The service will rival Spotify and is said to be backed by Jimmy Iovine, founder of Beats Audio and audio partner for many HTC phones.

HTC already allows streaming of Hollywood movies via its HTC Watch service.

The site also says HTC is gearing up for the trade show in Barcelona to unveil their new tablet, smartphone and possibly a wireless boombox in addition to the music service.

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