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Korean ICT Firms to Show Off New Technology at PyeongChang 2018

Korean ICT Firms to Show Off New Technology at PyeongChang 2018

GANGNEUNG, South Korea, Feb. 20 (Korea Bizwire) – With less than a year left before the PyeongChang 2018 Winter Olympics, officials have unveiled a handful of cutting-edge ICT (information and communications technology) innovations that will be implemented at the games.  KT Corp. the official telecommunications partner for the Olympic games, introduced an augmented reality navigation [...]

SK Telecom Announces Successful Transcontinental Network Slicing

SK Telecom Announces Successful Transcontinental Network Slicing

SEOUL, Feb. 15 (Korea Bizwire) – SK Telecom said Wednesday it successfully developed and demonstrated joint network slicing with its German and Swedish partners, a new means of connectivity based on 5G roaming that creates multiple virtual networks from a single physical network.  Deutsche Telecom and Ericsson were the partners in the trial test of [...]

Streaming Content on Rise Due to LTE Service: Data

Streaming Content on Rise Due to LTE Service: Data

SEOUL, Feb. 15 (Korea Bizwire) – South Korean Internet users have increasingly streamed content instead of downloading them though wireless services, government data showed Wednesday, mainly on the back of the introduction of a long-term evolution (LTE) service based on fourth-generation (4G) wireless technology.  Internet traffic from video streaming services and video-on-demand (VOD), such as [...]

MVNOs Struggle for Existence as Subscriber Numbers Near 7 million

MVNOs Struggle for Existence as Subscriber Numbers Near 7 million

SEOUL, Feb. 13 (Korea Bizwire) – The number of MVNO subscribers is about to exceed seven million, a sign of market maturation over the past six years. However, due to sluggish growth that began two years ago, businesses are desperately struggling for existence. MVNOs are putting significant efforts into finding a way out by diversifying their [...]

SK Telecom Completes Deployment of LTE-R for Busan Subway

SK Telecom Completes Deployment of LTE-R for Busan Subway

Seoul, Korea, Feb. 9 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it, together with Busan Transportation Corporation (BTC), has deployed the world’s first LTE-R, a standard for the next-generation railway communication system, on Busan Subway Line 1. Since entering a contract for the deployment of LTE-R with BTC in August 2015, SK Telecom [...]

Gov’t, Mobile Carriers Unite to Monitor Infectious Disease

Gov’t, Mobile Carriers Unite to Monitor Infectious Disease

SEOUL, Dec. 21 (Korea Bizwire) – South Korea’s health authorities and one of the nation’s three mobile carriers launched a collaboration on Wednesday to monitor and further prevent the spread of infectious diseases.  Under an agreement between the Korea Centers for Disease Control and Prevention (KCDC) and LG Uplus Co., the authorities will provide information [...]

KT to Build Network for 5G Trial Service in PyeongChang by Sept.

KT to Build Network for 5G Trial Service in PyeongChang by Sept.

SEOUL, Dec. 13 (Korea Bizwire) – KT Corp., a South Korean broadband Internet and mobile carrier, said Tuesday that it will complete building a network for the fifth-generation network (5G) by September to provide a trial service of the technology at the 2018 Winter Olympics.  Under the plan, KT will install the network in PyeongChang, [...]

SK Telecom Still Seeking Digital Platform despite Aborted M&A

SK Telecom Still Seeking Digital Platform despite Aborted M&A

SEOUL, July 29 (Korea Bizwire) – Though the South Korean government quashed SK Telecom’s attempt to take over CJ HelloVision, one of Korea’s leading telecommunications companies is still stepping up to shift its strategy to a ‘digital platform’. SK Telecom had proposed acquiring the nation’s largest cable TV operator, CJ HelloVision, and then merge it with [...]

Korean IoT Market to See 38% Annual Growth, Reach ₩17 Trillion by 2020

Korean IoT Market to See 38% Annual Growth, Reach ₩17 Trillion by 2020

SEOUL, July 13 (Korea Bizwire) – According to a Hyundai Research Institute report entitled ‘The Trend of Promising Industries Related to Internet of Things (IoT)’ revealed on July 12, the global IoT market is expected to swell from $300 billion in 2015 to $1 trillion by 2020, with 28.8 percent annual growth. For South Korea, experts foresee [...]

Korea Establishes World’s First Nationwide IoT Network

Korea Establishes World’s First Nationwide IoT Network

SEOUL, July 5 (Korea Bizwire) – SK Telecom (SKT), Korea’s leading network operator, launched a nationwide Internet of Things network Monday that uses its LoRa (long-range) network exclusive to IoT communications. This is the first time for a country to establish an IoT-exclusive nationwide network with a single control center. With the new system, a wide [...]