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TTP Communications acquires Mobisys Telecom

Posted: 08 Apr 2003 ?? ?Print Version ?Bookmark and Share

Keywords:ttp communications? mobisys telecom? gsm? gprs? terminal system?

TTP Communications plc has acquired South Korea-based Mobisys Telecom Co. Ltd, a GSM/GPRS terminal integration and design company. The acquisition is a major step in building TTPCom's capability to deliver GSM terminal systems solutions and improved support capability to its Asian customers.

John Barber, managing director of TTPCom's Systems Business, said, "MinCheol Schin has built up in Mobisys one of the independent GSM/GPRS terminal development teams in South Korea. Bringing our companies together is a great way to increase our capacity to meet the growing demand for terminal systems developments, as well as improving our capability to provide local support to our Asian customers".

MinCheol Schin, founder and CEO of Mobisys Telecom, commented, "We have been working closely with TTPCom's technology to deliver solutions for our customers for a number of years. This deal will allow the team much greater access to the technology and improve the flexibility of the solutions we can provide for our customers incorporating TTPCom's technology. The whole team is looking forward to this next phase of expanding Mobisys' business working with TTPCom."

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