Qualcomm Moderated Thread - please read rules before posting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: foundation who wrote (8597)	3/15/2001 8:04:49 AM
From: foundation	Read Replies (1) of 197157

Freetel Enters Indonesian CDMA Market Korea Telecom Freetel, the nation's second largest mobile phone operator, signed a contract with Indonesia's largest cellular phone operator Komselindo Co. to supply code division multiple access (CDMA) infrastructure and business consulting services. ``The contract reflects our technological superiority in the CDMA sector,'' said Freetel's Lee Yong-kyung. ``We plan to export our CDMA technology to the Asian market over the next three to four years.'' The contract comes in conjunction with a flurry of pushes into the global market. KT Freetel has provided its technology and workforce to firms in Australia and Hong Kong helping them to establish a network infrastructure and to perfect additional services. Under the agreement, KT Freetel will supply a 18.2 billion won worth of consulting services, including mobile phone marketing and customer relationship management, over the next three months. It will dispatch its consulting team to Indonesia this month. Starting in April it will install its own telecom network designing and operating program, Netspider, with the aim of optimizing overall business flows. Komselindo, which has offered cellular phone service since 1995, is currently facing difficulty with fewer-than-anticipated mobile phone subscribers. That is due to a lack of infrastructure and marketing, a KT Freetel official said. Jakarta-based Bimantara Group, Komselindo's largest shareholder, plans to attract 330,000 new subscribers by next year with an investment of 66 billion won, in line with KT Freetel's advise. kdh@koreatimes.co.kr koreatimes.co.kr

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next