Another Launch, WSJ>
August 23, 1999
Dow Jones Newswires
Australia's Telstra Launches New CDMA Mobile Network
MELBOURNE -- Telstra Corp. (TLS), Australia's largest telecommunications company, Tuesday said its new Code Division Multiple Access, or CDMA, mobile network will become commercially available from Aug. 25, 1999.
The service will initially only be available across the greater metropolitan areas of Sydney and Melbourne.
Telstra estimates the total cost of the nationwide CDMA network at A$600 million, with the majority of that to be spent in the 1999, 2000 and 2001 fiscal years.
Telstra plans to launch the CDMA service across Adelaide, Brisbane, Perth and Canberra during September, as well as across a number of regional locations during October.
When completed, the new network will cover over 95% of Australia's population, Telstra said in a statement.
"Our CDMA network will ideally position Telstra to cater for the growing mobile communications needs of Australians as we move into the 2lst century," Dick Simpson, managing director of Telstra's mobile and wireless division, Telstra OnAir, said.
Telstra's fiscal year ends June 30.
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