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Hanaro consortium links up with Ericsson
Posted: 24-Nov-2000 [Source: The Korea Herald]

[Ericsson signs MOU to develop CDMA technology.]

by Kim Min-Hee -- "Korea IMT-2000, a consortium led by Hanaro Telecom, has signed a memorandum of understanding (MOU) with leading telecom equipment giant Ericsson to cooperate in developing CDMA (code division multiple access) technology, Hanaro officials said yesterday.

"In signing the MOU, Hanaro said that the Swedish firm pledged to help develop systems, mobile Internet and application services, as well as assist in the commercialization of IMT-2000 services, due by 2002 when Korea hosts the World Cup games.

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