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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 176.31+1.9%Jan 5 3:59 PM EST
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To: Jim Mullens who wrote (39026)1/30/2004 11:27:41 AM
From: jackmore   of 197085
 
Telekom Malaysia launches 3G service (baby steps)

January 30, 2004

Reuters

Telekom Malaysia commercially launched Malaysia's first 3G mobile services on Thursday.

The W-CDMA service, which includes video calls and multimedia browsing, will initially have limited content, limited coverage and restricted number of users, Telekom said in a statement.

Telekom, which is spending $1.1 billion on 3G, and rival Maxis Communications are the only two companies allowed to provide 3G services in Malaysia.

Maxis is due to start its 3G pilot rollout this quarter. There are about 10 million mobile users in the nation of 25 million people.

Earlier this week, another Asian telecoms carrier Hutchison Telecom rolled out its 3G services in Hong Kong, late by several months and dogged by slow sales in Europe.

Several European telecoms carriers have scaled back or delayed 3G launches with customers turned off by pricey and bulky handsets and limited area coverage.

Telekom Malaysia said it was targeting up to 300 customers for the initial launch, possibly due to limited handsets, but hoped to secure more customers by the end of this year.

It said coverage would be limited to parts of capital Kuala Lumpur and its surrounding areas.

"The true capabilities of 3G will not be realized in the early phase since the technology is still in its infancy stage," Telekom said.

telecomasia.net
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