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SK Telecom Joins Hands with Deutsche Telekom on 5G RF Repeaters

SK Telecom Joins Hands with Deutsche Telekom on 5G RF Repeaters

SEOUL, Feb. 27 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Thursday it has joined hands with Deutsche Telekom AG on 5G radio frequency (RF) repeater solutions. SK Telecom said it will collaborate with Deutsche Telekom to install Korean technology-based 5G RF repeaters in major German cities in the second quarter [...]

Mobile Carriers Look to B2B Industry for Growth

Mobile Carriers Look to B2B Industry for Growth

SEOUL, Feb. 24 (Korea Bizwire) — South Korea’s telecommunication firms are turning to the business-to-business (B2B) industry to survive in the era of the Fourth Industrial Revolution, based on the realization that the business-to-consumer (B2C) area, where companies reap profits from mobile plans, is reaching its limit as almost all South Koreans now own a [...]

Mobile Carriers Beef Up VR Content amid 5G Expansion

Mobile Carriers Beef Up VR Content amid 5G Expansion

SEOUL, Feb. 15 (Korea Bizwire) — South Korea’s three major mobile carriers are beefing up their virtually reality (VR) content and related services, industry insiders said Saturday, as they aim to attract more customers amid their 5G expansion. The three — SK Telecom Co., KT Corp. and LG Uplus Corp. — commercialized 5G telecommunication last [...]

Rival IPTV Operators Join Hands for TV Advertisement Solutions

Rival IPTV Operators Join Hands for TV Advertisement Solutions

SEOUL, Feb. 14 (Korea Bizwire) — Two rival internet protocol television (IPTV) operators in South Korea said Friday they have joined hands to develop advanced TV advertisement solutions. KT Corp. and SK Broadband Co. said they agreed to collaborate in the field of addressable TV advertising technologies that can help advertisers to selectively segment TV [...]

Coronavirus Hits Mobile Carriers’ Launch Ceremonies for Galaxy S20

Coronavirus Hits Mobile Carriers’ Launch Ceremonies for Galaxy S20

SEOUL, Feb. 13 (Korea Bizwire) — South Korean mobile carriers are moving to cancel launch ceremonies for Samsung Electronics Co.’s new Galaxy S20 smartphone amid the coronavirus scare, industry sources said Thursday. South Korea’s top mobile phone operator SK Telecom Co. and No. 2 industry player KT Corp. had originally planned to hold launch ceremonies [...]

SK Telecom’s Profit Plunges in 2019 on Equity Losses, Costs

SK Telecom’s Profit Plunges in 2019 on Equity Losses, Costs

SEOUL, Feb. 7 (Korea Bizwire) – SK Telecom Co., South Korea’s top mobile phone operator, said Friday its net income plunged 72.5 percent last year from a year earlier due to reduced equity gains from its chip-making affiliate. In a regulatory filing, SK Telecom reported a net income of 861.9 billion won (US$725.9 million) last year, [...]

KT 2019 Profit Falls 12 pct as Investment, Marketing Costs Rise

KT 2019 Profit Falls 12 pct as Investment, Marketing Costs Rise

SEOUL, Feb. 6 (Korea Bizwire) – KT Corp., South Korea’s major telecommunication firm, said Thursday its net profit fell 12.2 percent last year from a year earlier as it ramped up spending on its network and marketing. In a regulatory filing, KT reported a net income of 669.3 billion won (US$ 565.7 million) last year, [...]