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New Year's Countdown Is On, and the Verizon Wireless Network Is Ready to Help and SK Telecom Selects InterDigital to Develop Mobile Wireless Handover

Wireless Communications industry news provided by Financial News USA (OTC: FNWU). As the evening gets into full swing, Verizon Wireless customers can depend on their wireless phones to stay connected, whether they are making calls to friends about party plans, counting down to the New Year on speakerphone with distant pals, or calling that special someone at midnight to whisper glad tidings. Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD). UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, recently announced that it is soliciting consents from the holders of its 7/8% convertible subordinated notes due 2008 (CUSIP Nos. 918076AA8 and 918076AB6). UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support.

SK Telecom announced it has chosen InterDigital Communications Corporation (NASDAQ: IDCC) to develop an advanced mobility solution for nationwide session continuity. The mobility solution will support nationwide handover for SK Telecom's customers when moving between WiBro and UMTS networks throughout the country. InterDigital's solution will include both the system design and the software solution for dual mode WiBro/UMTS terminal units. FTS Wireless, Inc. a wholly owned subsidiary of FTS Group, Inc. (OTC BB:FLIP), an acquisition and development company, recently reported strong sales of wireless handsets for the month of November and first week of December. FTS CEO Scott Gallagher commented, "November was the strongest month we've had since last April in terms of wireless handset sales. The trend has continued into this month as well."

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