Sprint, China Unicom Announce Plans to Advance CDMA Technology
biz.yahoo.com
Tuesday June 11, 2:14 pm Eastern Time
Press Release
SOURCE: Sprint PCS
Sprint, China Unicom Announce Plans to Advance CDMA Technology
OVERLAND PARK, Kan., June 11 /PRNewswire/ -- Sprint (NYSE: FON - News, PCS - News), which is the fastest growing wireless carrier in the United States and operates the largest all-digital, all-PCS nationwide network, and China Unicom, the second largest mobile operator in China, announced an agreement in which Sprint will provide training and consulting services to assist China Unicom with its wireless CDMA operations.
( Photo: newscom.com )
Both parties anticipate that this agreement will be a first step leading to a broader relationship between Sprint and China Unicom, aimed at supporting the continuing development and adoption of CDMA2000 technology.
"With just over 120 million global CDMA subscribers, our goal is to continue the momentum of the growth of CDMA," said Bill Blessing, senior vice president, Business Development and Strategy, PCS division, Sprint. "Sprint's selection of a CDMA2000 migration strategy will allow our network transition to 3G services to be made with relative ease and less expense compared to most other carriers."
"After China's entry of WTO China Unicom is implementing its strategy of go abroad. I believe that the signing and fulfillment of this agreement will help Unicom to improve its management. It will also be beneficial to Unicom CDMA network construction and operation. And the communication and cooperation between Unicom and Sprint will be strengthened," said Mr. Shang Bing, Vice President of China Unicom.
About Sprint
Sprint is a global communications company serving more than 26 million business and residential customers in over 70 countries. With approximately 80,000 employees worldwide and more than $26 billion in annual revenues, Sprint is widely recognized for developing, engineering and deploying state of the art network technologies, including the United States' first nationwide all-digital, fiber-optic network. Sprint's award-winning Tier 1 Internet backbone is being extended to key global markets to provide customers with a broad portfolio of scalable IP products. Sprint's high-capacity, high-speed network gives customers fast, dependable, nonstop access to the vast majority of the world's Internet content. Sprint also operates the largest 100-percent digital, nationwide PCS wireless network in the United States, already serving the majority of the nation's metropolitan areas, including more than 4,000 cities and communities.
About China Unicom
CHINA UNITED TELECOMMUNICATIONS CORPORATION (China Unicom) was incorporated on July 19, 1994. China Unicom Limited was listed in NYSE and SEHK on June 21 and June 22, 2000 respectively. This constituted a significant step of the company forward towards the international market. China Unicom has been providing a wide-range of services from GSM and paging services initially, to mobile telephony including GSM and CDMA, long distance telephony, local telephony, data communications including internet service and IP telephony, value-added services and other services related to the main business line. China Unicom is the only authorized operator of the CDMA network in China. Launched at the end of 2001, the first phase CDMA network covers 330 cities with the capacity of 15.15 million subscribers, which is expected to become the world's largest and best CDMA network in the future.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This press release includes certain forward-looking statements. Future performance cannot be ensured. Actual results may differ materially from those in the forward-looking statements. The words "expect," "anticipate, " "believe" and similar expressions are intended to identify forward-looking statements. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release. Sprint and China Unicom are not obligated to publicly release any revisions to forward- looking statements to reflect events after the date of this press release or unforeseen events. Sprint provides a detailed discussion of risk factors in periodic SEC filings.
SOURCE: Sprint PCS |
