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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 170.90-1.3%Nov 7 9:30 AM EST
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To: Ramsey Su who started this subject9/21/2000 4:00:24 PM
From: q_long  Read Replies (2) of 196546
 
SEOUL, Korea--(BUSINESS WIRE)--Sept. 21, 2000--Hyundai Electronics Industries Co.,
Ltd. announced that it will supply
Korea Telecom Freetel (KT Freetel) with Interim Standard (IS)-95C system equipment, a
next-generation mobile
telecommunications service that supports data transmission at 144Kbps.

According to the terms of the contract, the equipment that Hyundai will deliver to KT
Freetel is valued at 120 billion won (US$
110 million) and will include switches, base stations, cell controllers, and a high-speed
packet data network. A Hyundai
spokesperson said that the IS-95C system is based on Hyundai's world-class Code Division
Multiple Access (CDMA)
technology, and is able to support data transmission at speeds of up to 153.6Kbps. The
system is backward-compatible with cellular and Personal Communications
Service (PCS) systems currently in use, and is designed to minimize core modules so as to
facilitate easy migration to the IMT-2000 system. Thus, the capacity and
volume of the IS-95C system is expected to maximize the cost effectiveness of the overall
mobile telecommunications service.

KT Freetel will start its IS-95C service in Korean metropolitan areas and major cities this
October, and expects to have a nationwide system network established in
Korea by next year. In preparation for the launch of commercial service, KT Freetel
successfully completed operational testing of a trial IS-95C system at its
research center on September 1 of this year.
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