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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: foundation who wrote (15080)	9/20/2001 7:21:05 AM
From: foundation	Respond to of 196499

Korean Consortium to Begin CDMA Business in Vietnam 09/20(Thu)15:20 SLD Telecom, a joint venture between SK Telecom, LG Electronics and Donga Telecom is to start Code Division Multiple Access, or CDMA services in Vietnam early next year. SK Telecom announced Wednesday that SLD Telecom has secured approval from the Vietnamese government for a partnership with Saigon Post and Telecommunication Service Corporation, or SPT to manage CDMA operations in the local industry. The final approval is a follow-up measure to a promise made by Vietnamese President Tran Duc Luong back in August to issue South Korea a license to participate in the mobile telecommunication project. The two companies will conduct CDMA services in Vietnam for the next 15 years with SLD Telecom supplying capital, CDMA technology and related know-how, and SPT providing business rights and access to reception frequencies in return. SK Telecom officials said a CDMA network is expected to be ready for operation in major cities including Ho Chi Minh and Hanoi by the end of the year. (Arirang TV) chosun.com