The First Commercial Mobile WiMAX Operator in Latin America Concludes a Contract with POSDATA to Expand the Network
Seoul, South Korea (BUSINESS WIRE) - Omnivision has concluded a commercial contract with POSDATA FLYVO for the largest scale deployment in Latin America to expand mobile WiMAX service coverage in Venezuela. Under the deal, POSDATA (KOSDAQ:022100) will provide a complete mobile WiMAX solution including 300 base stations and 30,000 plus user terminals for the initial phase in 2008.
Omnivision and POSDATA will further increase deployment and service coverage in 2009 and onward.
Omnivision, the first mobile WiMAX operator in Latin America, has provided service running at 2.5GHz band since July, 2007, and aims to expand coverage from 8million population in Caracas to 28million population nationwide in 3 years, targeting 2.5million subscribers in 5 years.
In order to accomplish this ambitious milestone, Omnivision and POSDATA agreed to maintain a solid partnership in every possible way of mobile WiMAX business.
"Omnivision's nationwide mobile WiMAX network will provide seamless access and connectivity to Venezuela, and we are pleased that POSDATA will be our partner with its leading products," said Mr Dick Abanto Ishiwata, CEO of Omnivision.
"As a global Mobile WiMAX solution provider, POSDATA has been actively deploying IEEE802.16e based systems and terminals in Asian countries. With the supply contract with Omnivision, POSDATA has secured a firm base to expand commercial reference throughout South American countries," said Mr Joonil Shin, Executive Vice President of POSDATA.
About POSDATA Co., Ltd (www.flyvo.com)
POSDATA Co., Ltd. (KOSDAQ:022100) is a global company that provides end-to-end mobile WiMAX solutions. Based on its core mobile WIMAX technologies developed in-house, the company has been providing mobile WiMAX base stations, ASN-gateways, network management systems, as well as user terminals. FLYVO is the brand name for POSDATA's mobile WIMAX business. For more information, please visit www.flyvo.com.
POSDATA Co., Ltd
Luke Lee, +82-31-779-2454 hklee@posdata.co.kr
Seoul, South Korea (BUSINESS WIRE) - Omnivision has concluded a commercial contract with POSDATA FLYVO for the largest scale deployment in Latin America to expand mobile WiMAX service coverage in Venezuela. Under the deal, POSDATA (KOSDAQ:022100) will provide a complete mobile WiMAX solution including 300 base stations and 30,000 plus user terminals for the initial phase in 2008.
Omnivision and POSDATA will further increase deployment and service coverage in 2009 and onward.
Omnivision, the first mobile WiMAX operator in Latin America, has provided service running at 2.5GHz band since July, 2007, and aims to expand coverage from 8million population in Caracas to 28million population nationwide in 3 years, targeting 2.5million subscribers in 5 years.
In order to accomplish this ambitious milestone, Omnivision and POSDATA agreed to maintain a solid partnership in every possible way of mobile WiMAX business.
"Omnivision's nationwide mobile WiMAX network will provide seamless access and connectivity to Venezuela, and we are pleased that POSDATA will be our partner with its leading products," said Mr Dick Abanto Ishiwata, CEO of Omnivision.
"As a global Mobile WiMAX solution provider, POSDATA has been actively deploying IEEE802.16e based systems and terminals in Asian countries. With the supply contract with Omnivision, POSDATA has secured a firm base to expand commercial reference throughout South American countries," said Mr Joonil Shin, Executive Vice President of POSDATA.
About POSDATA Co., Ltd (www.flyvo.com)
POSDATA Co., Ltd. (KOSDAQ:022100) is a global company that provides end-to-end mobile WiMAX solutions. Based on its core mobile WIMAX technologies developed in-house, the company has been providing mobile WiMAX base stations, ASN-gateways, network management systems, as well as user terminals. FLYVO is the brand name for POSDATA's mobile WIMAX business. For more information, please visit www.flyvo.com.
POSDATA Co., Ltd
Luke Lee, +82-31-779-2454 hklee@posdata.co.kr
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