Mobile phones that use low cost wireless IP networks within the office and public cellular networks outside the office are expected to emerge from a new venture launched by Siemens today.
Siemens Information and Communication Networks Group has invested $40.5 milllion in Omnipoint Technologies' wireless IP networks division, in return for a majority stake in the vendor.
Together the companies will form a new joint venture to develop products that let GSM mobile phone users on campus networks connect to a corporate wireless IP network, bypassing the public mobile network.
When away from the office or campus, the user's phone would act as a regular GSM mobile phone, using a public network.
The venture will be headquartered in Colorado Springs and initially employ around 130 staff. First products are expected by mid 2000. The deal extends an existing wireless IP partnership between the two companies.
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