SK Flashes Cash for Flarion
The South Korean operator started trials of Flarion's Flash-OFDM base-station technology last month (see Flarion Cookin' Up Seoul Food). According to Flarion's senior director of marketing and strategy, Ronny Haraldsvik, SKT has invested cold, hard cash in his company -- and the investment was made after the trial was underway.
But how much cash, Unstrung wonders? Flarion isn't revealing any financial details.
And what do the two companies mean by calling the cash influx a "strategic" investment? "SK Telecom is a leading operator with first-hand experience of existing wireless data technologies," says Haraldsvik. "Their investment relationship with Flarion gives them insight into Flarion-class mobile broadband. Beyond that, I cannot comment any further."
Guess we'll have to wait a while to see how this one pans out.
— Dan Jones, Senior Editor, Unstrung www.unstrung.com