CLARENET/ Korea Telecom announces global initiatives for exchanging international IP telephony minutes
September 22, 1998
M2 PRESSWIRE via NewsEdge Corporation : Korea's largest telco will offer minutes based on world's first IP telephony single stage dialing implementation using Signaling System 7 (C7) IP telephony technology from Clarenet Corporation
Korea Telecom (KT), South Korea's largest telecommunications provider, announced today that it is launching global partnership initiatives with large telcos and ITSP partners for exchanging IP telephony international calling minutes.
Korea Telecom's goal is to expand its LP telephony calling network by partnering with major carriers and ITSP's in areas where KT does not have a major presence. In particular, KT is looking for partners from Asia, North America, Latin America, and Europe. KT's combined strength in traditional circuit switch and IP network infrastructures will provide an unparalleled competitive advantage for KT's partners as the world's telecommunications infrastructure goes through a profound change.
KT anticipates very large call volumes because of the deregulation of the Korean market; the global mass adoption of Voice over IP technology, and KT's recent success in implementing and deploying the world's first SS7/C7 integration between traditional circuit switch network and LP network allowing seamless single stage dialing. By using Clarenet Corporation's SS7/C7- enabled (Signaling System 7) system, Korea Telecom's customers can easily choose whether their calls will be routed over the traditional long distance network or over the cost-saving IP telephony network.
Single stage dialing makes long distance calling much simpler because the caller does not have to enter an ID number or PIN before making the call. To make an international call over the traditional network, KT's customers dial as they normally would dial a long distance number (dial 00 1 +destination number). To make an international call over the IP telephony network, called "KT Internet Phone 00727", customers simply dial 00727+the destination number and the call is automatically routed over the IP network. The customer will receive a single phone bill from KT with different rates based on the service they selected for each call.
In addition to offering single stage dialing, Korea Telecom is also offering three other services based on the Clarenet system:
* "KT Card" is an integrated solution with KT's existing calling card service that allows users to call over the IP network as a new option, using an ID and password, and receiving the benefit of being billed together on their regular monthly phone bill.
* "Worldphone+" is a prepaid calling card service which allows consumers to purchase cards from banks, convenience stores, airports, and telephone offices. These cards allow instant, anywhere access to fixed amounts of IP Telephony calling minutes as a new option.
* "KT Express" is KT's leased line service targeting the corporate customer, allowing enterprises to more easily enjoy the cost-saving benefits of converged IP networks by directly connecting their PBX's to the IP telephony network.
Korea Telecom's Internet Phone's cost savings are dramatic. The service allows discounted calling to over 51 countries around the world for prices ranging from 330 Korean Won per minute (approx. US$.25 per minute) to 978 Korean Won per minute (approx. US$.75 per minute), 50% lower, on average, than a traditional international call from South Korea.
"Korea Telecom sees IP telephony as a key technology in offering future services to consumer and business customers," said Mr. Na Sung Hwan, Managing Director, Internet Business Team, at Korea Telecom. "For our customers to fully benefit from this new technology., we needed to expand the reach of our IP telephony network via global partners, and we also need to make the IP telephony technology easy and transparent for consumers to use. C7 based single stage dialing allows them to use the service without changing their traditional dialing behaviour. Clarenet Corporation, with its advanced and industry-leading IP telephony and SS7/C7 integration technology, provided a complete solution for us so that we could integrate IP telephony in our networks and make this revolutionary capability available to our customers. "
"Clarenet Corporation is very pleased to be Korea Telecom's supplier for the KT Internet Phone services", said Jerry Chang, CEO, President, and Co-Founder of Clarenet Corporation. "Clarenet's products are geared for the carrier market, and will help Korea Telecom and its global partners create a new revenue stream, enter new markets, save on transmission expense, and set the stage for offering future new value add products for the consumers an enterprises."
About Korea Telecom
Korea Telecom delivers South Korea-Wide local and long distance calling services, overseas calling services, Multimedia Services, and Satellite communications services. KT is 2 8.9% owned by private shareholders and institutions; and 71.1 % by the Korean Government with total Assets US$16,768 million, and Total Annual Revenue US$ 8,517 million. Korea Telecom has 24 million telephone lines installed; 20 million telephone subscribers; and 60,000 employees. . Korea Telecom is undertaking many projects to link the company's communications facilities with those of other countries in Asia to the rest of the world. Pursuant to the terms of the WTO Agreement, Korea's telecommunications market has been opened to foreigners since January 1, 1998.
Interested IP telephony partners should contact Mr. Na, Sung-Hwan, Managing Director, Internet Business Team, Information Business Center, Korea Telecom. Tel: +82 342 727 6070; Fax: +82 342 727 6099; e-mail: nsh@kt.co.kr. For further information, please visit KT web site at kt.co.kr
About Clarenet
Clarenet Corporation is a privately held company and a premier provider of Internet telephony solutions offering clear voice, real-time fax, SS7/C7 integration and a host of other business-ready capabilities. Clarenet Gateway allows the sending and receiving of telephone voice calls and FAX over the Internet or a TCP/IP intranet. Clarenet Command Center provides billing and management for a very large network of Clarenet Gateways. All Clarenet products are backed by a complete, robust, scalable network infrastructure, enabling network and enterprise customers to easily run their business communications on IP telephony. Founded in July 1996, Clarenet is headquartered in Redwood City, California, and also has offices in Chicago, Taipei, Tokyo and Europe. Additional information about Clarenet is available at clarent.com. |