Pantech inks deal in Latin America

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Pantech inks deal in Latin America

Korean handset manufacturer Pantech Co. said yesterday that it has signed a deal with the biggest 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 ranks among the top four foreign handset sellers in the Mexican market after advancing into the country a year ago, the company said.

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