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To: Andrew N. Cothran who wrote (16711)	10/18/1998 12:53:00 PM
From: SKIP PAUL	Respond to of 152472

Excerpts from Article: BT to hold 23% in LG Telecom Seoul 1 OCTOBER " BT will benefit from the cutting-edge CDMA technology of LGT," LG's chief executive officer Lee Moon-ho said in a speech. ''LGT will leverage this new strategic partnership to expand its business opportunities through synergies, where possible, with BT's global business networks and LGT's CDMA (code division multiple access) technology," he said. South Korea is one of only a few countries in the world to have successfully launched commercial mobile telephone services using CDMA to transfer signals. BT's chief executive Peter Bonfield was quoted by LG Telecom as saying the move ''gives BT an excellent strategic position in Asia's second-largest telecommunications market". ''This is a significant investment in Korea's most dynamic telecommunications company," Bonfield said. economictimes.com