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To: MileHigh who wrote (27831)	4/21/1999 9:31:00 AM
From: DaveMG	Read Replies (1) \| Respond to of 152472

<A Reminder that WCDMA Lives.. > Nokia and SK Telecom Join Forces to Advance WCDMA Technology HELSINKI, Finland--(BUSINESS WIRE)--April 21, 1999--Nokia and Korean operator SK Telecom have announced a development agreement to further the development of Third Generation Wideband Code Division Multiple Access (WCDMA) technology. The scope of the joint program includes development of a high-capacity WCDMA Radio Access Network optimization technology and radio network planning and measurement tools. As a result of this co-operation, SK Telecom will acquire advanced WCDMA engineering know-how critical to Third Generation network operations in addition to enhancing its capability to deliver advanced operational and engineering services to other operators. Nokia will develop end-to-end WCDMA network systems, management tools, customer services and mobile terminals to operators worldwide. By combining the expertise of these two leading telecommunications companies, WCDMA radio access network technology can be optimised to create a system solution designed to serve growing multimedia data traffic in the most cost-effective manner. ''As the leading CDMA operator in the world, SK Telecom has developed unique know-how in response to the demand for higher capacity and greater spectrum efficiency,'' says Dr. J.T. Bergqvist, Senior Vice President, Radio Access Systems, Nokia Telecommunications. ''We anticipate that combining SK Telecom's experience and capabilities in CDMA network operations with Nokia's expertise in GSM and IP communications will create the ideal growth path to third generation services.'' ''We strongly believe the result of this joint work will be substantial and impressive,'' notes Seong Jae Lee, Vice President, New Technology Development Division, SK Telecom. ''Through this joint effort, both Nokia and SK Telecom will be poised to strengthen their competitiveness in their respective field for 3rd Generation technology in the next millennium.'' Headquartered in Seoul, SK Telecom operates the world's largest IS-95 CDMA network with more than 10.8 million subscriber base that includes 7.1 million cellular subscribers and 3.7 million paging subscribers in the Republic of Korea. The company was established in 1984 as Korea's first mobile telecommunication company. Since 1994, SK Group, Korea's fifth largest multinational conglomerate, has participated in the company's management as major shareholder. The company provides a broad range of telecommunications services including nationwide cellular, paging, multimedia on-line services and Iridium services. Through its subsidiaries, the company has diversified into international voice reselling and mobile phone manufacturing. In 1998, the year-end revenue totaled USD 2.9 billion and the company is listed on Korea Stock Exchange, London Stock Exchange and New York Stock Exchange. Nokia has been developing 3rd generation technologies since the early 1990's for standardisation in Europe, Japan and the USA. The company started the development of its first WCDMA test network in 1992 and demonstrated the viability of WCDMA for multimedia applications at its fully operational test network in 1996. Implementation and testing of a second experimental WCDMA system is ongoing and field testing will be finalised this year, before the pre-commercial pilots. Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer monitors. In 1998, net sales totaled EUR 13.3 billion (USD 15.7 billion, FIM 79.2 billion). Headquartered in Finland, Nokia is listed on five European Stock Exchanges and on the New York Stock Exchange (NOK), has sales in over 130 countries and employs more than 44,000 people worldwide.