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Filings Confirm Pantech's Deal With Nokia For CDMA Phones

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Jun 8, 2006, 12:24 PM by (staff)

Updated Details of Pantech's agreement to supply Nokia with CDMA handsets emerged in the Korean manufacturer's financial filings today. Nokia will pay Pantech $129 million to supply two different handsets to Nokia for distribution in the US between June and December of this year. The two phones are most likely the 6305i, which just went on sale, and the 6315i, which was recently approved by the FCC. It is possible that the contract does not include the 6305i and a third model may be coming - the 6215i, a 1xRTT phone from Pantech with Nokia branding, was recently approved by the FCC as well. The 6305i was designed by SK Teletech before Pantech bought them a year ago, but it is not known whether Nokia had a separate contract with SKT for that phone.

Reuters »

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