SingTel Teams Up with Samsung to Tap the Korean Market

SingTel Teams Up with Samsung to Tap the Korean Market

SINGAPORE, December 13/PRNewswire/ --

- Samsung Networks Signs IP-VPN Distribution Agreement with SingTel



Singapore Telecommunications Limited (SingTel), Asia's leading
communications group, and Samsung Networks, a leading IP communications
service provider in Korea, today announce that they have signed an IP-VPN
(Internet Protocol -- Virtual Private Network) distribution agreement.


This partnership allows Samsung Networks to resell SingTel's IP-VPN
services in South Korea. Through interconnecting with SingTel's extensive and
reliable regional network, Samsung Networks can offer their Korean customers
seamless IP-VPN services and connectivity within and outside of Asia. This
broadens the options for enterprise customers in South Korea for high quality
and reliable IP-VPN services, linking Singapore and Korea as well as to the
rest of the world.


Mr Yoo Sang Seop, Vice President of Strategic Planning, Samsung Networks,
said, "Our decision to partner with Asia's leading telecommunications giant
is based mainly on the high quality and robust global network infrastructure
as well as the critical in-country knowledge and support that SingTel
offers."


"By partnering SingTel, we are now in a better position to help our
customers to venture outside of Korea. Samsung's managed and value-added
services, coupled with SingTel's strong global coverage, will further enhance
our offering to our customers."


Mr Thomas Yeo, SingTel's Vice President of Marketing, Corporate Business
Group, said, "In the last 12 months, we have stepped up our channel sales and
marketing efforts to sign up more telco distributors for SingTel's regional
data network. We are also establishing alliances with major operators
worldwide to create inroads into overseas markets."


"Through these distribution agreements and alliances, SingTel is able to
offer its corporate customers end-to-end solutions within and outside of
Asia, and to Europe and the United States. We also aim to have a bigger slice
of the corporate data revenue from MNCs that are expanding their operations
in Asia Pacific."


Mr Yeo added, "The successful globalisation of the Korean consumer and
electronic brands will see more Korean companies expanding their businesses
in this part of the world. SingTel is well positioned to meet their growing
need for seamless, global communications solutions."


SingTel launched its IP-VPN services in 1998, under the ConnectPlus
brand. Operated over SingTel's own Gigabit IP backbone, SingTel's IP-VPN is
based on Multi-Protocol Label Switching (MPLS) technology that combines the
security of a traditional private network with Quality of Service features
and the flexibility of IP. The service is suitable for companies with
multiple sites locally and globally that want to meet their intra-corporate
and extra-corporate communications needs.



About Samsung Networks Inc.


Samsung Networks Inc. is a leading IP communication service provider in
Korea, providing customized telecommunications services to suit the needs of
corporate customers. Samsung Networks business spans across seven areas:
Network Service -- Optical Network Service, Virtual Private Network (VPN)
Service, Network Consulting, Network Solution Integration; Telephony Service
-- Voice over IP, Corporate Telephone Services (for local, long-distance, and
international calls), International call service on Mobile Phone -- 00755 and
Digital Media Services; IDC (Internet Data Center) Service; EDI Service;
Samsung Mobile Service; IP Contact Center Service; and Broadcasting Service.


Since having started its supplement communication business in 1987 at
first time within Korea, Samsung Networks has been continuously making fast
progress and development as frontier of global information communication
enterprises connecting more than seventy countries all over the world based
on four domestic information network centers (Kwacheon, Kumi etc.) and five
overseas IT centers (New Jersey of U.S.A., Beijing of China, Tokyo of Japan,
London of England, Singapore).


Samsung Networks has been continuously making eye-opening progress based
on excellent technology and reliable operation. More news and information are
available at http://www.samsungnetworks.net .



About SingTel


SingTel is Asia's leading communications group with operations and
investments around the world. Serving both the corporate and consumer
markets, it is committed to bringing the best of global communications to
customers in the Asia Pacific and beyond.


With significant operations in Singapore and Australia (through
wholly-owned subsidiary SingTel Optus), the Group provides a comprehensive
portfolio of services that include voice and data services over fixed,
wireless and Internet platforms.


To serve the needs of multi-national corporations, SingTel has a network
of 34 offices in 16 countries and territories throughout Asia Pacific, Europe
and the United States. These offices enable SingTel to deliver reliable and
quality network solutions to its customers, either on its own or jointly with
local partners.


The Group also has major investments in India, Indonesia, the Philippines
and Thailand. Together with its regional partners, SingTel is Asia's largest
multi-market mobile operator, serving more than 56 million customers in six
markets.


SingTel employs more than 19,000 people worldwide and had a turnover of
S$12.0 billion (US$7.17 billion) and net profit after tax of S$4.49 billion
(US$2.68 billion) for the year ended 31 March 2004. More information can be
found @ http://www.singtel.com and http://www.optus.com.au .



Media Contacts:
Carine Vauchy
Global Marketing
SingTel Europe
Tel: +44-207-988-8022
Email: cvauchy@singtel.com

Young Un, Kim
Tel: +82-2-3415-6089
Email: youngun.kim@samsung.com





Web Sites: http://www.singtel.com
http://www.optus.com.au





Source: Singapore Telecommunications Limited

Carine Vauchy of SingTel Europe, +44-207-988-8022, or cvauchy@singtel.com; or Young Un, Kim, of Samsung, +82-2-3415-6089, or youngun.kim@samsung.com


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