Etisalat, Korean telco ink collaboration
Abu Dhabi, June 22, 2010
Etisalat signed a strategic partnership agreement with Korea Telecom, a prominent South Korean integrated telecom service provider, to jointly develop new age telecomm solutions and collaborative services for customers.
As per the agreement, Etisalat and Korea Telecom will establish respective administrative offices to supervise and execute the key milestones of the MoU by sharing skill-set, intellectual capital and industry expertise, towards developing cutting edge products and services.
This collaboration will focus on creating innovative solutions for global roaming on Wi-Fi (IPLC, MPLS-VPN, satellite), machine to machine telecommunication (M2M), IPTV and managed services, benefiting domestic as well as international business customers of both companies.
Both Etisalat and Korea Telecom will also work towards creating distinct points of presence (PoPs) in South Korea and UAE respectively, eventually providing direct links, reliable and faster service to their customers in these countries.
“Etisalat is delighted to partner with Korea Telecom in our unswerving commitment to develop new age ICT solutions and provide enhanced value centric services to our customers,” said Essa Al Haddad, group chief marketing officer, Etisalat.
“This partnership brings together two of the world’s leading telecommunication services providers who will strategically align their infrastructural and intellectual capabilities, to provide cutting edge solutions to businesses in their respective countries,” he added.
This partnership will further add a new dimension to the recently formed nuclear relationship between UAE and South Korea and further strengthen the current economic ties between the two countries, a statement said.
The UAE in December awarded a $20 billion deal to a South Korean group to build four nuclear reactors in the country.
The telecom partnership will benefit Korea Telecom customers travelling to UAE, for accomplishing this project besides several other Korean businesses, who seek to engage, expand and collaborate with enterprises in the UAE, according to the statement.
Hansuk Kim, head of global business unit, Korea Telecom, said: “By setting up as dedicated centre of excellence in partnership with Etisalat, Korea telecom endeavours to provide a more positive and differentiated user experience to its customers while reducing complexity and cost.”
“This unique knowledge based partnership will create unparalleled level of expertise to support implementation and facilitate effective use of ICT applications and technologies,” he added. – TradeArabia News Service
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