[November 20, 2008] S KOREAN WIRLESS CARRIER KTF, HUAWEI SIGN NETWORK RESEARCH MOU Tweet SEOUL, Nov 20, 2008 (AsiaPulse via COMTEX) -- KTF Co. (KSE:032390), South Korea's second-largest wireless carrier, said Thursday it reached a tentative agreement with Huawei Technologies Co. of China to jointly research and develop mobile networks. The memorandum of understanding with Huawei, China's biggest phone-equipment maker, calls for cooperation in the development of femtocells, which are used in relaying mobile signals, KTF said in a statement. Financial terms weren't disclosed. A femtocell is an indoor access point that receives wireless signals inside buildings for better reception. The technology may help reduce costs by reducing congestion on existing wireless networks. "Co-development of next-generation telecommunications technology may serve as a cornerstone for future mobile convergence services," Kang Sang-yong, head of KTF's network research center, said. (Yonhap) [ Back To TMCnet.com's Homepage ]