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WirelessDevNet.com Press Release
Major South Korean Carrier Selects VeriSign for Mobile Media and Messaging Gateway Services
SK telink, an internationaltelecommunications carrier in South Korea and a subsidiary of SK Telecom, has selected VeriSign Messaging and Mobile Media, a division of VeriSign,Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructureservices for the networked world, as its provider of Open ConnectivityShort Message Services (OCSMS), VeriSign announced today. The agreement,which expands VeriSign's leadership in SMS services in the Asian market,creates an important new partnership for the VeriSign Open Connectivitygateway -- one that will broaden VeriSign's SMS reach by roughly 45 millionof all mobile subscribers in Korea.
By selecting the VeriSign gateway, SK telink becomes part of an OCSMSplatform that already connects 600-plus carriers in more than 150 countriesand more than 2.4 billion subscribers worldwide. Through VeriSign® OCSMS,SK telink will be able to exchange inter-carrier person to person textmessages globally, across wireless carriers and devices, on a highlyreliable network. VeriSign OCSMS may enable mobile carriers to increasereach and revenues while reducing the operating costs typically associatedwith establishing operator agreements, negotiating contracts, and managingbilling relationships.
SK telink's international SMS customers, which account for about 70 percentof market share in the international inter-carrier SMS of the 3 majormobile carriers in South Korea, will now be able to send and receiveinter-carrier messages to more mobile subscribers globally.
"Mobile messaging is not a regional phenomenon, but a global one," saidSeonggyun Hong, vice president of SK telink. "Now through VeriSign OCSMS,we've connected our customers seamlessly to billions of people worldwide.The opportunities for communication, e-commerce, and collaboration areendless and VeriSign will provide those opportunities with reliability,heritage, and expertise."
VeriSign has been actively growing its reach in Asia. The relationship withSK telink and the launch of 30 new customers in the last two quarters toVeriSign OCSMS, including Bayan Telecommunications of the Philippines (July2008), are testimony to VeriSign's growing leadership in SMS services inAsia and worldwide.
"As a premier carrier in one of the world's most active mobile countries,SK telink has tremendous opportunities to increase revenues by extendingtheir reach via the VeriSign gateway," said Charles Landry, vice presidentand general manager of VeriSign Messaging and Mobile Media. "SK telinkalready has the expertise and strong brand recognition a carrier needs tomake inroads in SMS. Our gateway provides the missing ingredient: access toa robust, reliable network that provides a great customer experience."
VeriSign was among the first vendors to successfully meet the compliancecriteria for Open Connectivity SMS Hubbing Solutions as defined by theGSMA, the operator-led trade association representing the global mobileindustry. The VeriSign OCSMS platform supports both IP and SS7 transportmediums to provide the flexibility for operators to exchange messagesthrough a single connection to VeriSign.
About VeriSign Messaging and Mobile Media
VeriSign Messaging and Mobile Media is a division of VeriSign, the trustedprovider of Internet infrastructure services for the networked world.Through this business unit, VeriSign provides global application servicesthat reliably deliver short-messages (SMS), multimedia messages (MMS), andmobile content across any wireless operator and mobile device throughoutthe world. As a leader in mobile messaging, mobile banking and mobilecontent delivery, VeriSign offers a broad portfolio of mobileinfrastructure and delivery services. Offering reliable delivery, aworldwide presence, and rapid and effective deployment, VeriSign has builta trusted and respected brand with global mobile operators, media contentproviders and enterprises. The reach, reliability and value add of VeriSignservices enable these companies to capitalize on the rapidly growingmessaging and media content markets.
About VeriSign
VeriSign, Inc. (NASDAQ: VRSN) is the trusted provider of Internetinfrastructure services for the networked world. Billions of times eachday, VeriSign helps companies and consumers all over the world engage incommunications and commerce with confidence. Additional news andinformation about the company is available at www.verisign.com.
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