Calypso Wireless announced today that it has a signed a field trial installation agreement with Enitel, a mobile carrier partially owned and operated by Swedtel - a Sweden-based telecommunications consulting company and a mobile operator.
Swedtel is owned by a holding company jointly owned by TeliaSonera and Industri Kapital. Swedtel helps telecom companies build their existing and future business. Swedtel is the hub of Europe's most technology-intensive region with high fixed and mobile telephony penetration rates, competitive market places and early adopters of new technology. Swedtel has extensive ties with Telia, Northern Europe's leading telecom operator.
According to the agreement between the two companies, Enitel will conduct a field trial of Calypso Wireless' revolutionary real-time video cellular phone technology that enables wireless customers to connect to the Internet at broadband speeds of up to 11,000 Kbps (11Mbps), enabling movie-quality, real-time video conferencing via Calypso's cellular phones.
"To fully understand how revolutionary our technology is, simply compare our 11,000 Kbps speed to the data transfer capabilities of existing wireless cellular networks in the U.S. Most cellular carriers are currently only able to reach a speed of only 9.6 to 40 Kbps, and even the future 3G network will not reach 385 Kbps. We believe we are light-years ahead of our competition and any service provider offering its customers Calypso's revolutionary C1250i phones will have a marked advantage over its competitors," says Mark Sujo, Vice President of Sales of Calypso Wireless
If the field trial with Enitel is successful, Calypso Wireless will then enter into negotiations to deliver its cell phones and the supporting technology to Enitel. Calypso has already signed a $500 million contact with China Telecom (NYSE: CHA - News) for the delivery of Calypso's cellular real-time video phones for use in China.
"The real value of our relationship with Enitel/Swedtel is not just in potential contracts with Swedtel-owned mobile operators. More importantly, it is in the relationships that Swedtel has with a host of operators worldwide. Swedtel has carried out more than 500 successful telecommunication projects for its clients in more than 100 countries. We believe that a satisfactory completion of Enitel's field trials, could lead to positive response among Swedtel's other clients as well," says Sujo.
Calypso Wireless is a publicly held trading company trading under the symbol CLYW. The company was incorporated in 1998 with the intention of developing breakthrough solutions with the power to transform the wireless industry.
Calypso's ASNAP technology offers several benefits over all of the other systems currently in use, and over what is currently being touted in the industry as the next big technologies that are expected to be introduced in the future. Calypso's cellular phones will also use WLAN technology to deliver VoIP (Voice over Internet Protocol) and real time video conferencing, voice and data whenever they are in range of a Wireless Access Point. This will result in both increased capacity and revenue streams for mobile carriers (cellular operators).
The sale of cellular phones in the U.S. continues to grow. In 2002, it was estimated that approximately 90 million cellular phones were purchased in North America. That number is expected to grow to 164 million in 2007, with up to 70% of those sales being newer phones to replace older ones. Broadband use in the U.S. surged 59% in 2002, with adults over 50 posting the highest percentage gains .