South Korean handset manufacturer Pantech has signed a deal with America Movil, a mobile operator in Central and South America, to supply 500,000 mobile phones by the end of this year.
Under the deal, Pantech is to sell 300,000 cellular phones to Mexico and 200,000 units to Argentina and Colombia through America Movil. The contract is expected to cement its presence in the Mexican market and pave the way for its efforts to sell more handsets in the region, Pantech said.
Pantech hopes to make future deals with mobile providers in Europe and the Americas.
After Pantech absorbed its newly acquired handset manufacturing subsidiary SKY Teletech, a number of telecom companies in the US and Europe have also shown interest in Pantech handsets, the company noted.
Source: digitalmediaasia.com
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