Seoul, Korea, October 11, 2000 – Hyundai Electronics Industries Co., Ltd. recently acquired an approval certificate for its Code Division Multiple Access Wireless Local Loop (CDMA WLL) technology from the government of India. This approval secures Hyundai’s entry into the Indian WLL equipment market. Hyundai’s CDMA WLL technology received the TEC Type Approval Certificate from Telecommunications Engineering Center (TEC), the government organization that approves telecommunications technology for use in India. Thus, Hyundai has satisfied the prerequisite for bidding on 600,000 lines of CDMA WLL equipment. The bidding process is conducted by the Department of Telecommunications (DoT), the state-run telecommunications operator in India. The TEC Type Approval Certificate is an authorized test for telecommunications equipment manufacturers who wish to enter the Indian market. Hyundai acquired the certificate after having passed the field trial test on WLL system and handsets in Calcutta last month. DoT intends to implement 600,000 lines of CDMA WLL equipment and handsets in this region by June, 2001 and plans to deploy two million circuits of CDMA WLL system by the end of 2001. By acquiring this certificate, Hyundai has secured its position as a DoT-approved supplier and is expecting to close sales valued at US$ 70 million. Hyundai plans to enter not only the Indian WLL market but also the Brazilian and Chinese markets, which have also recently shown rapid growth.
– Hyundai Electronics recently acquired an approval certificate for its Code Division Multiple Access Wireless Local Loop (CDMA WLL) technology from the government of India. This approval secures Hyundai’s entry into the Indian WLL equipment market.
