22nd December - Korea's biggest operator, KT, has successfully introduced Ericsson's (NASDAQ:ERICY) Telephony Softswitch solution into its commercial network, completing an important step towards an all-IP network.

Ericsson's market-leading telephony softswitch has ensured KT (previously Korea Telecom) successfully launched its commercial Voice over IP service.

The solution supports KT's traditional, TDM, and IP technologies on a single platform and allows the exchange of international voice and data traffic with other IP-based operators. Ericsson's telephony softswitch will also allow KT to achieve significant savings in operating expenditures and stay competitive.

Chul Kim, Vice President, International Telecom, KT Network Group, says: "We are pleased to introduce reliable next-generation systems from Ericsson. This latest technology will further strengthen our international IP business and meet our customers' expectations for services quality."

Houn Chol (Harry) Kim, President, Ericsson Korea, says: "I am pleased that KT is at the forefront of operators that are migrating towards an all-IP network and will provide international IP services to its customers via our latest solution."

Ericsson is leading the market with more than 55 softswitch solutions in commercial use in both fixed and mobile networks. Ericsson is partnering leading operators worldwide, many of whom are implementing layered architecture to meet today's operational challenges while maintaining clear migration routes to all-IP network infrastructures.

About KT
KT, Korea's incumbent telecommunication operator, was established in 1900 and fully privatized in 2002. The company has a fixed-line subscriber base in excess of 21 million local subscribers and 6 million broadband subscribers, making it the largest fixed-line provider in Korea.

About Ericsson Telephony Softswitch Solution
Ericsson Telephony Softswitch Solution is a commercially proven system that maintains and extends operator revenues. It provides a low-risk evolution of existing circuit-switched networks to an all-IP multi-service platform. It offers operators the opportunity to utilize network resources for next-generation services in the most cost-effective way, while continuing to profit from classic voice services. More than 55 fixed and mobile operators worldwide have commercially launched services based on Ericsson's softswitch solutions.

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