SGT 0.00% $3.98 singapore telecommunications limited.

singtel announces 'exciting' agreement?

  1. 349 Posts.
    can someone pls clarify the significance of this agreement?

    SingTel Mobile & NTT DoCoMo Sign 3G Co-operation Agreement
     
    SINGAPORE TELECOMMUNICATIONS LIMITED. 2003-04-22 ASX-SIGNAL-G

    HOMEX - Sydney

    +++++++++++++++++++++++++
    SingTel Mobile and NTT DoCoMo, Inc (DoCoMo) today announced an
    agreement to jointly explore and develop 3G technology and multimedia
    services based on the W-CDMA(1) standard. The agreement also extends
    to collaborative efforts in other areas of mobile communications such
    as wireless LAN.

    Mr Lucas Chow, Chief Executive Officer of SingTel Mobile and
    Executive Vice President (Consumer Business) of SingTel, hailed the
    signing of the agreement as a landmark for regional mobile
    communications.

    "This is an important development for both SingTel Mobile and DoCoMo
    as we team up to facilitate the growth of 3G services in Asia. The
    collaboration will help us take a step towards addressing some of the
    key concerns regarding 3G such as evolving common standards, roaming
    issues and compatibility of handsets," said Mr Chow.

    Dr Keiji Tachikawa, President and CEO of NTT DoCoMo, said: "We are
    extremely pleased to be collaborating with SingTel Mobile, Asia's
    leading multi-market mobile operator. We believe this partnership
    will help us expand W-CDMA-based 3G mobile multimedia services in
    Asia. Inter-operability is key to providing customers with seamless
    mobile multimedia services anytime, anywhere. This joint initiative
    will enable DoCoMo and SingTel Mobile to offer our respective
    customers value-added mobile multimedia services."

    Under the agreement, both operators will aim for inter-operability
    between their respective 3G networks, thereby enabling the provision
    of 3G services for roamers between Singapore and Japan.

    SingTel Mobile and DoCoMo will share their technological know-how to
    look into developing a common and compatible suite of 3G multimedia
    services. These will include video streaming, video conference,
    location-based services and other applications.

    To facilitate this, both operators will seek opportunities for
    synchronisation of handsets and for enabling an integrated product
    development environment. Joint studies and an exchange of employees
    between the two companies are being considered as well.

    SingTel and NTT DoCoMo will also jointly explore wireless LAN roaming
    opportunities including prospects for integrating 3G and wireless LAN
    services.

    Mr Chow said: "We are very excited about this cooperation agreement
    and the potential benefits it can bring to our respective customers.
    SingTel Mobile will certainly share its experiences from this
    collaboration with SingTel Optus in Australia and our mobile
    associates in the region as well."
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.