3GNewsroom.com Home
3G shop
you are here: Home >> 3G News

  Recent News

Qualcomm and Teleepoch Enter Into a 3G CDMA Subscriber Unit License Agreement, October 6, 2007

MTN chooses Cambridge Broadband Networks for multi-service wireless network in Rwanda, October 6, 2007

Brazilian government to publish 3G bidding rules soon, October 6, 2007

KTF 3G service suffers from technical problems, October 6, 2007

Argentina’s Personal lunches 3G service in Rosario, October 6, 2007

Russia has it's first 3G network, October 6, 2007

AT&T could drop Alcatel-Lucent as 3G mobile network supplier, October 6, 2007

Enea Extends License Agreement with ZTE for 3G Handsets, October 2, 2007

LG to unveil premium handsets in Brazil, October 2, 2007

KTF 3G subscribers doubled in less than 3 months, October 2, 2007

3G policy in India will be non-uniform, October 2, 2007

- previous news

Search
Search news
Search this site
 


South Korea's KTF to buy shares in KT ICOM

October 15, 2002

South Korean mobile operator KTF Co., a mobile unit of telecoms giant KT Corp, said it would buy shares of its 3G mobile unit worth $219 million to help the merger of the two. From October 23 to November 5, the company would buy 15 million KT ICOM shares valuing at KRW 18,227 per share, totaling KRW 273.4 billion ($219 mil).

The KT group's stake in KT ICOM would raise to 82.83 percent and would make it easier for the merger of the two company to go ahead with broad approval.

A spokesman for KTF said, "The company's board approved today a plan to purchase a 15 percent stake in KT ICOM."

KTF would merge with unlisted KT ICOM by the end of the year to avoid duplicate investments.

KT ICOM is one of two mobile operators to hold a South Korean WCDMA license, which was awarded in December 2000. Its larger rival SK Telecom also holds a WCDMA license. LG Telecom is the only other to hold a 3G license but it is the CDMA 2000 standard.

 


Top Sellers at our online store
1. NEC e606 on 3
2. Orange Nokia 7250i
3. O2 Samsung A800
4. NEC e808 on 3
5. Motorola A920 on 3
last updated: January 12, 2004

Visit our online store, click here
3G Motorola A920
Available Now!
Superb full colour touch- sensitive screen with a built-in digital camera for Video Calling.
Buy now from Free
 

M-Profits: Making Money from 3G Services
ISBN: 0470847751
This book discusses 3G services from the view of what is needed for the service to provide value to the user, what is the value proposition for the user, how will money be made out of delivering the service, and discussions on how revenue sharing propositions might work to benefit content providers and network operators. 3G operators should take note of this highly recommended book.

buy it UK | USA

3G Books to Read!

Books to search:
OR Search by categories:

www.3GNewsroom.com, 2001 - 2007, disclaimer, contact us