BSNL ties up with S.Korean firm for broadband services

Friday, 20 February 2004, 08:00 Hrs
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NEW DELHI: Public sector Bharat Sanchar Nigam Ltd. (BSNL), India's largest telecom services company, Friday announced an alliance with a South Korean phone firm to provide broadband Internet services in the Indian market.

As part of the agreement, BSNL and KT Corporation of South Korea will share resources and expertise to explore the potential of broadband Internet business in India, said a company statement issued here.

"The partnership between BSNL and KT Corporation will carry telecom revolution to new heights in India over the next few years," said N.K. Mangla, director (commercial and marketing) of BSNL.

He said while KT Corporation would provide "know-how and equipment," BSNL would use its wire-line customer base of more than 35 million to jointly offer broadband services in the country.

"Both companies feel that there is an immense potential for broadband services in India and look forward to a long and profitable operation in future," said the BSNL statement.

Source: IANS
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