Forum Archive Index - January 2001

[Phil Eriksen <phil@acepay.co.nz>]

Mike Hudson wrote:

>              Telemedia announces its Biggest deal to date
> 
> Telemedia has secured a massive AU$ 18 million –plus deal (US $
> 10.2) with leading Japanese mobile telco TU-KA.
> 
> Under the two-part deal, Telemedia will provide TU-KA with pre-pay
> mobile systems worth AU$12.2m during the coming year. The second part
> of the agreement, worth AU$6.7m will see Telemedia providing ongoing
> support services to TU-KA over the next four years.
> 
> This is a highly significant contract for Telemedia: not only does it
> generate large revenue and profits, but Telemedia beat all its
> competitors for this business. Telemedia will be replacing one of its
> competitor’s existing pre-pay systems with its own system.
> 
> Tu-Ka has over four million mobile subscribers in Japan and is one of
> the fastest growing Telco’s in the region.It is the market
> leader in prepaid mobile services, with almost one trillion
> subscribers. Telemedia’s advanced pre-paid system allows TU KA
> to replace three different systems with one integrated one. This
> agreement is the first major spin-off from Telemedia’s strategic
> relationship with KDDI, Japan’s second largest Telco, which owns
> TU KA.

Where is this release from Mike? Is it direct from the company, or
written by someone else?  Sounds like great news, but the usage of
"massive" to describe the deal, the use of "does" not "should" before
"generate large revenue and profits" (profits?  how do you know on the
day of signing?)  and the "almost one trillion subscribers" (huh? - what
have i missed?) concern me.  Would be keen to see where this is sourced
from.

Cheers,
Phil

Disc : No TMN but they do seem to be doing plenty right.


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