Showing posts with label SK Telecom. Show all posts
Showing posts with label SK Telecom. Show all posts

Monday, April 14, 2008

Technology: CDMA2000 subscribership accelerating in Vietnam

CDMA2000 subscribership accelerating in Vietnam, up 230 percent in 2007
User base grew by almost 4.5 million last year, on a pace to surpass 10.5 million subscribers this year

Costa Neva, Calif. (PRIME NEWSWIRE) - The CDMA Development Group (CDG) today announced that CDMA2000(r) subscribership has seen rapid growth in Vietnam, increasing by more than 230 percent in 2007. The availability of affordable handsets and the proliferation of dynamic new services enabled by EV-DO have made Vietnam's two major CDMA operators, S-Telecom (S-Fone) and EVN Telecom (E-Com/E-Phone/E-Mobile), leaders in the region's competitive wireless telecommunications market. From the end of 2006 to the end of 2007, CDMA subscribers grew from 1.9 million to 6.3 million. This impressive growth rate is expected to continue at its current pace, increasing to 10.5 million users by the end of 2008 and 15.5 million users by the end of 2009(1).

On the whole, the greater Asia-Pacific region is host to 49% of the world's CDMA2000 deployments. "The CDG is pleased by the remarkable growth of CDMA in Vietnam, showcasing the range of service capability CDMA2000 enables which allows emerging-market CDMA operators to thrive," said Dr. Chungming An, the CDG's vice president of Southeast Asia and Greater China.

"In addition, the evolution path to EV-DO Revisions A and B gives operators the ability to scale their network capacity incrementally based on market demand, an exceptional long-term competitive advantage that will ensure the continued steady growth of CDMA2000 in the region." S-Fone, Vietnam's first CDMA network, has witnessed notable success due to its investment from SK Telecom. With mobile and WLL services available in all 64 of Vietnam's provinces, S-Fone's CDMA2000 network currently serves 3.7 million subscribers, making it Vietnam's largest CDMA operator. Having launched its high-speed EV-DO broadband network in five major cities, the operator is well on its way to expanding multi-megabit-per-second broadband access to Vietnam's untapped marketplace, where only 3 million out of the 85 million residents have broadband access to the Internet. In addition to providing Internet access to hospitals and schools, S-Phone will be providing world-class broadband connectivity to Vietnam's highly coveted enterprise customers and its growing number of small- and medium-sized businesses. In 2005 EVN Telecom launched its CDMA2000 1X network in the 450MHz band and is now serving more than 2.7 million subscribers, making it the largest CDMA450 network outside of China. EVN is focused on promoting its post-paid WLL service to the more than 78 million households in nationwide that don't have access to a traditional fixed-line telephone service. Like S-Fone, the operator is also upgrading its CDMA450 network to EV-DO to provide the citizens and businesses of Vietnam with advanced broadband data services. Optimistic about the prospects in 2008, Dr. An noted, "CDMA2000 Mobile Broadband services can boost economic growth and create more jobs in Vietnam by narrowing the digital divide between those who have access to high-speed Internet services and those who do not." For more information please visit www.cdg.org.

About CDMA2000

CDMA2000 is the most widely deployed 3G technology, with 255 operators in 99 countries, including 91 CDMA2000 1xEV-DO systems, serving more than 418 million subscribers. Counting 2G cdmaOne(tm) subscribers, there are more than 431 million CDMA users worldwide. CDMA2000 has become the technology of choice for developed and emerging market operators, and is deployable in the 450, 700, 800, 1700, 1900, AWS and 2100 MHz bands. More than 1,950 CDMA2000 devices from over 110 suppliers have been introduced to the market, including more than 500 1xEV-DO Rel. 0 and 48 Rev. A devices. More information on CDMA2000 is available on the CDG Web site at www.cdg.org.

About CDG

The CDMA Development Group is a trade association formed to foster the worldwide development, implementation and use of CDMA2000 technologies. The more than 130 member companies of the CDG include many of the world's largest wireless carriers and equipment manufacturers. The primary activities of the CDG include development of CDMA2000 features and services, public relations, education and seminars, regulatory affairs and international support. Currently, there are more than 500 individuals working within various CDG subcommittees on CDMA2000-related matters.

For more information about the CDG, contact the CDG News Bureau at +1-714-540-1030, or visit the CDG Web site at www.cdg.org. The CDG logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2911

Forward-Looking Statements This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the expected subscriber growth rate of CDMA in Vietnam, and other expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "plan," "expect," "prospects," and similar expressions generally identify forward-looking statements.
These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized. Note to editors cdmaOne is a registered trademark of the CDMA Development Group. CDMA2000 is a registered trademark of the Telecommunications Industry Association (TIA-USA). All other trademarks are the property of their respective owners. (1) Source: Jim Hoang Ngoc Diep, Vietnam Country Manager, Qualcomm, Inc., January 2008 -0-

CONTACT: CDG News Bureau
Ricca Silverio
+1 714-540-1030
rsilverio@bockpr.com

Monday, April 07, 2008

Technology: FIX8 secures US$2 mln in financing from SK Telecom

New York, (ANTARA News/PRNewswire-AsiaNet) - FIX8, a division of Mobinex, Inc., a leader in virtual communications technology, today announced the company has secured an additional $2 million in Series A financing from SK Telecom, the top wireless communication provider in Korea, with revenue of KRW 11.28 trillion ($11.4 Billion US).


FIX8 now closes its initial round of financing having successfully raised over $5 million. In addition, SKT has awarded FIX8 with a contract to lead the development of SKT's 3D avatar animation technology, which will enhance mobile and online communications.

"SKT's investment is a testament to FIX8's growing consumer popularity and expanding interest in video and mobile User Generated Content," said FIX8 CEO, Linh Duy Tang.

"We are proud to partner with a world-renowned telecom company that shares in our commitment to delivering innovative solutions for virtual communications across Internet, TV and mobile phones."

FIX8's premium content offerings include virtual communications technology that digitizes human expressions via webcam in real time.

Users can animate live video on IM services including MSN, Yahoo, AIM and Skype. FIX8 videos can also be saved and posted across Facebook, MySpace and YouTube. FIX8 Mobile will soon offer animated video chat and sharing on camera phones.

"Investing in FIX8 was a strategic decision based on the company's pioneering vision and technology leadership in the area of virtual communications coupled with explosive growth in mobile User Generated Content," stated the investment manager of SK Telecom.

"We also look forward to continued collaboration with FIX8 as SKT introduces additional mobile UGC services across Korea."

In addition to SKT's $2 million investment in FIX8, the wireless operator also awarded the company a contract to lead the development of SKT's 3D avatar animation technology to enhance mobile and online communications.

The FiX8 solution will allow users to communicate using interactive avatars that map to their facial movements and expressions.

Each socially interactive character will offer characteristics of personal identity, lifelike emotions and other fun features.

"Not only did SKT invest in FIX8, but we contracted the company to develop our interactive avatar technology. FIX8 is a true innovator in the Web 2.0 and now 3.0 space. The technology will be central to social interactivity and media-enhanced communication for our users," added the project manager of SKT's 3D avatar animation project.

About FIX8

FIX8 is a new media company that blends Internet and mobile platforms with rich streaming video creation, editing and sharing capabilities. FIX8 is a FUN, creative new way of communicating. Developed in response to rapid growth in video sharing, social networking and user-generated content, FIX8 is the future of rich interactive communication. Headquartered in Los Angeles, FIX8 has offices in China and Vietnam. FIX8 is a division of Mobinex. http://www.FIX8.com

About SK Telecom

SK Telecom (NYSE: SKM, KSE: 017670) is the top wireless communication provider in Korea, where it has over 22 million subscribers and more than 50% of the total market.

Established in 1984, the company reached KRW 11.28 trillion in revenue in 2007. SK Telecom was the first to launch and commercialize CDMA, CDMA 2001x, CDMA EV-DO and HSDPA networks, and currently provides cellular, wireless Internet, mobile media, global roaming services and more.

For more information, please visit http://www.sktelecom.com or email press@sktelecom.com.

SOURCE: FIX8
CONTACT: Susan Nia, Vice President Marketing, of FIX8,
+1-818-905-8987,susan.nia@fix8.com
Photo: http://www.newscom.com/cgi-bin/prnh/20071016/LATU082LOGO)
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Web site: http://www.fix8.com
http://www.sktelecom.com

COPYRIGHT © 2008