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Technology Stocks : Nokia Corp. (NOK)
NOK 6.505-0.7%1:02 PM EST

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To: Eric L who wrote (2756)12/30/2002 6:08:24 AM
From: scratchmyback  Read Replies (1) of 9255
 
According to Korea Herald SKIMT has not made their WCDMA supplier decision yet, the article is dated December the 28th, just like the Korea IT news article Eric referred to.

koreaherald.co.kr

SK IMT's 3G bidding mired in delays

Both domestic and foreign players are now staging a showdown for SK IMT's high-profile third-generation (3G) telecom equipment bidding. Those familiar with the matter said SK IMT was expected to announce the winner last week, but a delay occurred amidst mounting speculation.

SK IMT - a unit of SK Telecom, the country's largest mobile carrier - plans to introduce W-CDMA (wideband-code division multiple access) service in the third quarter next year, competing head-on with KT ICOM, a unit of telecom giant KT Corp.

SK IMT started the benchmarking test (BMT) for the second round of 3G equipment testing Sept. 30. The BMT lasted until Oct. 23 and five contenders - Samsung Electronics, LG Electronics, Nortel Networks, Alcatel and Nokia - demonstrated their technological moxie in making the grade.

With five contenders waiting for the results, SK IMT has showed no signs that they will be revealing the winner any time soon. Industry experts predicted that SK IMT would unveil the bidding results before Dec. 15, but the presidential elections on Dec. 19 effectively postponed it.

SK IMT, however, remains silent about the bidding results, suggesting that it might further delay their final announcement beyond Dec. 31 - a deadline arbitrarily set by themselves...
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