Hanaro Telecom Selects Newbridge Multiservice,
Multi-Access ATM Platform to Deliver Nationwide
Services
Hanaro Telecom Enters High-Speed Data Communications Market
KANATA, ONTARIO--Newbridge Networks (NYSE: NN - news; TSE: NNC - news) today announced that Hanaro
Telecom Inc., a full-service telecommunications carrier operating in Korea, has selected the industry-leading Newbridge(r)
multiservice, multi-access asynchronous transfer mode (ATM) platform for the deployment of its nationwide, high-speed
data communications network.
Hanaro Telecom, a consortium of 500 companies, offers local service, high-speed Internet connectivity, integrated services
digital network (ISDN), and a wide range of advanced, multimedia services to customers throughout Korea. Hanaro
Telecom plans to offer these services to business and residential customers in all major Korean cities by 2003.
Hanaro Telecom also plans to offer local multipoint distribution service (LMDS) beginning next year. LMDS, a high
frequency broadband wireless system operating in the 28 GHz spectrum, can be quickly deployed to cost-effectively deliver
data, Internet, voice, video and multimedia services using point-to-multipoint distribution systems.
Hanaro Telecom was seeking a flexible, highly scalable networking solution that would enable the carrier to diversify its
service offerings and meet demand for high-quality multimedia services. The flexibility, scalability and superior network and
service management capabilities being offered by Newbridge were key factors in Hanaro Telecom's decision to select the
Newbridge broadband multiservice ATM solution.
''Offering simply low-priced services is not our goal,'' said Mr. Chanwoong Park, senior manager, data network team,
wired-network planning unit, Hanaro Telecom. ''Rather, we plan to deliver innovative services that will meet our customers'
evolving needs. The Newbridge multiservice platform enables us to achieve this goal, while strengthening our competitive
position by offering customized, next-generation multimedia services at the best possible prices.''
The Newbridge solution comprises the industry's best selling ATM switch, the Siemens / Newbridge MainStreetXpress(tm)
36170 Multiservices Switch. Carrier class network and service management is provided by the industry-leading
MainStreetXpress 46020 Network Manager. CrossKeys, a Newbridge Affiliate and a leading developer of service,
network and element management solutions, is providing a suite of three network management applications that make up
CrossKeys NetworkWare - KeyInfo, KeyBill(tm) and KeyNotes. These applications will complement the features and
functionality of the MainStreetXpress 46020 Network Manager.
Installed in the networks of more than 350 service providers worldwide, the MainStreetXpress 36170 Multiservices Switch
provides a broad range of interfaces and service offerings, including Internet protocol (IP), video conferencing, ISDN,
LMDS, circuit emulation for advanced private line services, voice over frame relay and ATM, and digital subscriber line
(xDSL) access services.
The MainStreetXpress 46020 Network Manager offers a wide range of advanced network and service management
capabilities, enabling service providers to focus on deploying new services while reducing the associated administrative
burdens and costs. It also incorporates the key attributes - policy creation, rapid provisioning, troubleshooting, monitoring
and user and application partitioning - required to deliver revenue-generating services. The MainStreetXpress 46020
Network Manager's high scalability means it can support and manage more than 250,000 service connections and permit
more than 120 operators to monitor and manage the network at the same time.
Newbridge recently strengthened the management capabilities of the MainStreetXpress 46020 Network Manager to
support premium quality business IP virtual private network (VPN) services.
''The deployment of the Newbridge multiservice and multi-access networking solution will contribute to Hanaro Telecom's
positive differentiation in the competitive marketplace through flexible response to customer demand for premium quality
multimedia services,'' said Ken Park, managing director, Newbridge Networks Korea Ltd.
Established in 1997, Hanaro Telecom is a consortium of some 500 firms, which include Dacom Inc., Korea Electric Power
Corp. (NYSE:KEP - news; KEPCO), Thrunet, Samsung Electronics, Daewoo Telecom, SK Telecom and Hyundai
Electronics Industries. The largest stockholder is Dacom, Inc., the second largest service provider in Korea. Hanaro
Telecom is a startup company with 60,000 private shareholders. More than 700 companies have invested in the company.
Hanaro aims to account for three percent of the local call market by securing 430,000 subscriber lines and sales revenues of
$100 million by the end of this year.
Newbridge Networks designs, manufactures, markets and services networking solutions to organizations in more than 100
countries. The Company leverages its relationship with a growing family of Newbridge Affiliate companies and with Siemens
and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge customers include the world's 300 largest
telecommunications service providers and more than 10,000 corporations, government organizations and other institutions.
Founded in 1986, the Company employs more than 6,000 people on six continents. News and information are available at
www.newbridge.com.
Newbridge and logo are registered trademarks of Newbridge Networks Corporation.
MainStreetXpress is a trademark used by the Siemens/Newbridge alliance for comprehensive solutions in broadband
communication. No agency relationship, partnership, or joint ownership of a legal entity is to be inferred or implied by the
term alliance.
Contact:
Newbridge Networks Corporation
Christopher Fox
Media contact
(613) 591-3600
E-mail: cfox@newbridge.com
Website: www.newbridge.com
or
Newbridge Networks Corporation
John Lawlor
Financial Analyst contact
(613) 591-3600
E-mail: jlawlor@newbridge.com
or
Newbridge Networks Corporation
Paul Goyette
Industry Analyst contact
(613) 591-3600
E-mail: pgoyette@newbridge.com
or
FitzGerald Communications
Keith Figlioli
(415) 667-0210
E-mail: kfiglioli@fitzcomm.com
More Quotes
and News:
Korea Electric Power Corp (NYSE:KEP - news)
Newbridge Networks Corp (Toronto:NNC.TO - news; NYSE:NN - news)
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