Telemedia trumpets new Japanese deal

Telemedia says under the two-part deal it will provide TU-KA with pre-pay mobile systems worth A$12.2 million in the coming year, and will receive A$6.7million for ongoing support services over the next four years.

Chief executive Chris Jones says the contract is one of the most significant deals since Telemedia listed just over a year ago.

"All of our key competitors pitched for this business but the superiority of Telemedia's systems and our 24 hour support infrastructure enabled us to win every segment of the deal.

"We will be replacing three of our competitors' existing pre-pay mobile systems with Telemedia's own system, providing an integrated country-wide mobile solution for TU-KA," he said.

Mr Jones says TU-KA has over four million mobile subscribers in Tokyo, Nagoya and Osaka, and is one of the fastest growing telcos in Japan. It is part of KDDI, Japan's second largest telco, which has more than 18 million cell phone users and projected revenue for 2000 of more than US$24.5 billion.

KDD Network Systems of Japan, a subsidiary of KDDI, owns a 10% stake in Telemedia Japan.

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