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Technology Stocks : COM21 (CMTO)

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To: DBrian who wrote (1910)3/1/2000 11:12:00 PM
From: pat mudge  Read Replies (4) of 2347
 
<<<
The order from NEO Telecom for Korea Thrunet represents the first-phase replacement of proprietary cable modems with Com21's DOXport 101 cable modems. The installations also represent the first in a planned migration to the DOCSIS standard.

"The Korean broadband Internet market is so active that we expect Korea Thrunet to deploy up to half a million cable modems this year," said Sang Mun Cho, president of NEO Telecom. " The transition from proprietary to DOCSIS-compliant technology is important for us. We selected Com21's DOCSIS products based on performance, price and technical support during our extensive trial period."
>>>>>

This announcement highlights an important transition from proprietary modems to DOCSIS.

A few more links to help expand your understanding of the Korean market:

Korea financial support for telecommunications:
korealink.co.kr

Thrunet and Korea PC Telecom:
koreatimes.co.kr

Samsung SDS and Thrunet in partnership:
koreatimes.co.kr

Thrunet homepage:
thrunet.com

You asked where Thrunet would put they other 345,000 modems. Here's your answer:

www2.marketwatch.com

. . . The new applications, to be announced in due course, are expected to benefit Korea Thrunet's broadband cable subscriber base, which has increased to 155,710 as of Jan. 31, 2000, representing an 841 percent increase year-over-year. Korea Thrunet says it is adding more than 20, 000 new cable data subscribers a month.

According to market researcher IDC, Korea remains one of the largest Internet markets in Asia with more than 3.26 million registered users in 1999. According to Korean government estimates, the number of actual users is as high as 12 million. IDC predicts that registered users will reach more than 10.18 million by 2004, with revenues from Internet commerce revenue forecast to amount to U.S. $17.6 billion.
>>>>>

Pat
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