nTels, well-known in the communications and broadcasting industry for providing wired/wireless business solutions and platforms, announced that it has made a contract with CJ HelloVision for undertaking their MVNO business.

Name of the contract between nTels and CJ HelloVision is “Develop and Implement MVNO Sales System” and the total amount of this contract is KRW 3.4B (USD 3.2M).

Through providing its Billing solution to MVNO as agreed in this contract, nTels moved ahead of its competitors and is expecting to spread its boundary from MNO to MVNO business.