MySpace will launch five new local-language sites, including in South Korea and India in the first quarter of 2008. The move is to expand the world's popular social-networking portal outside the U.S.

The company will offer services in 30 countries in the first quarter from currently 25, according to Sung Lee, vice president of MySpace in Asia.

News Corp. is now discussing with Asian wireless operators to offer mobile versions of the networking portal in the region, Lee added. So far, MySpace already offers phone-based services with Japan's Softbank Corp., and Lee said that the mobile market is an important driver for the company.

MySpace plans to generate over half its sales outside the U.S. by 2012, said Chief Executive Officer Chris DeWolfe earlier in October.

According to David Bank, a RBC Capital Markets analyst in New York, MySpace's revenue may more than triple to $2.97 billion in 2013 from an estimated $849 million in the year ending June 30, 2008, AsiaMedia reported.