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KTF (Korea Telecom Freetel), a South Korean telecommunications firm specializing
in cellular/mobile phones, is optimistic that it will sell Apple’s bestselling
mobile phone iPhone in South Korea next year with help from its Japanese partner
NTT Docomo, according to the Korea Times.
“We want to (sell it in Korea), but Steve Jobs has been playing hard (in the
negotiation),’’ Kim Yeonhak, executive vice president, told the publication.
“It’s difficult (to win the contract) because the size of the Korean market is
small. But someday we will do it, using our relationship with NTT Docomo.’‘
KTF has close ties with NTT Docomo, the largest mobile operator in Japan. NTT
Docomo is the second largest shareholder of KTF with a 10.31 percent share. The
two companies also coinvested $200 million in Malaysia this month to buy a 33
percent share of local mobile operator U Mobile.
Apple is reportedly weighing between NTT Docomo and Softbank, the third
largest operator in Japan, for the iPhone deal, reports the Korea Times. NTT
Docomo’s executives including Masao Najamura, the chief executive, have been
meeting with Jobs in recent months.
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Source: http://www.macsimumnews.com/index.php/archive/korea_telecom_freetel_expects_to_distribute_iphones_in_south_korea/
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