NTT DOCOMO and KT Freetel to Jointly Procure 3G Handset from LG
TOKYO, SEOUL, MAY 27, 2008 --- NTT DOCOMO, INC. and KT Freetel Co., Ltd. announced today that they will jointly procure a 3G handset model from LG Electronics, Inc.
The handset is LG's WINE model, which was selected by both companies as an ideal choice for users seeking a simple and easy-to-use, yet stylish, handset. DOCOMO will sell the handset as the FOMA L706ie in Japan from August, while KTF plans to introduce the model in South Korea from September.
The project is one of the joint efforts realized by the Business & Technology Cooperation Committee, which was established by DOCOMO and KTF to co-develop business opportunities by fusing technical and marketing expertise as world-leading providers of mobile services, as well as to seek cost-saving opportunities, such as the development of standard specifications for common equipment.
This is the two companies' second joint procurement, following an HSDPA data terminal released last year as the A2502 HSDPA by DOCOMO and the ADU-620WK by KTF. DOCOMO and KTF will continue to explore joint-procurement opportunities to reduce handset procurement costs, and thereby increase competitiveness and improve customer satisfaction in their respective markets.
About NTT DOCOMO
NTT DOCOMO is the world's leading mobile communications company. DOCOMO serves over 53 million customers, including 44 million people subscribing to FOMA™, launched as the world's first 3G mobile service based on W-CDMA in 2001. DOCOMO also offers a wide variety of leading-edge mobile multimedia services, including i-mode™, the world's most popular mobile e-mail/Internet service, used by 48 million people. With the addition of credit-card and other e-wallet functions, DOCOMO mobile phones have become highly versatile tools for daily life. NTT DOCOMO is listed on the Tokyo (9437), London (NDCM) and New York (DCM) stock exchanges. For more information, visit www.nttdocomo.com.
i-mode and FOMA are trademarks or registered trademarks of NTT DOCOMO, Inc. in Japan and other countries.
NTT DOCOMO's FOMA service is only available to subscribers in Japan.
About KT Freetel
Since the launch of PCS service in 1997, KTF has grown into a prominent mobile communications service provider with 14 million subscribers in Korea. It has always been at the fore-front of providing innovative services -- delivering enriched customer values in communications as well as providing a cutting-edge mobile internet and convergence services in information, entertainment and transaction areas.
Initially implementing the WCDMA network in Seoul metropolitan area in 2003, KTF has launched a HSPA service in June 2006 and a fully nationwide HSPA service in March 2007, and thus became the world's first operator to achieve with 99% population coverage with HSPA. With the new brand "SHOW," KTF has acquired more than 5 million 3G customers in just fourteen months of nationwide launch, the vast majority of who are HSPA users. For more information, visit www.ktf.com
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