Wednesday, November 19, 2008

Hyundai rises into the European mobile phone business

The South Korean conglomerate Hyundai wants from Europe into the world-wide mobile business own. In Germany would have been about three weeks several mobile phones without a contract the company sells, said the chief executive of Hyundai Mobile Europe, Norbert Winkler, in Vienna.

A deal with mobile operator E-Plus would be nearing completion. Henceforth, the newly formed company Hyundai Mobile Europe with its headquarters in Vienna in 23 countries in Western and Eastern Europe represented, and also to South America and the Middle East mobile phones deliver.

Within the next five years Hyundai wants in his new business a market share three to five percent, said the company. The big Hyundai Group in Germany is primarily known as a car manufacturer.

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