SEOUL, Oct. 22 (Korea Bizwire) — LG Uplus Corp., a South Korean telecom company, said Thursday it released a virtual reality (VR) series on the International Space Station, its first project with a global alliance of telecom operators and VR developers. “Space Explorers: The ISS Experience” follows the daily activities of the astronauts all in [...]
SEOUL, Oct. 21 (Korea Bizwire) — As the business appetite for cloud and remote work services grows amid the pandemic, South Korean telecom operators are expanding artificial intelligence (AI) services to help companies cope with the shift to new technologies. While the country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s 5G download speed is the world’s second fastest, reaching an average speed of 336.1 megabits per second (Mbps), a report showed Tuesday. The country was only behind Saudi Arabia, which delivered an average 5G download speed of 377.2 Mbps, according to a report from industry tracker Opensignal, [...]
SEOUL, Oct. 19 (Korea Bizwire) – The average accessibility of the fifth-generation network in major subway lines in South Korea reached over 75 percent, a lawmaker said Monday, as the country races to boost nationwide coverage. The high-speed network’s accessibility stood at 76.3 percent across 12 subways lines in six major cities across the country, [...]
SEOUL, Oct. 16 (Korea Bizwire) — With next-generation unlicensed frequency set to come in 16 years, the speed of Wi-Fi will become five times faster than the present. The Ministry of Science and ICT announced on Thursday that it will release the next-generation gigahertz (GHz) band (5,925 to 7,125 megahertz (MHz), 1.2 GHz bandwidth) frequency [...]
SEOUL, Oct. 16 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Friday it will spin off its mobility platform business into a separate entity as it partners with U.S. ride-hailing company Uber Technologies Inc. in a move to strengthen its focus in the connected mobility sector. The business — tentatively called [...]
SEOUL, Oct. 15 (Korea Bizwire) — South Korean telecom giant LG Uplus Corp. said Thursday it opened a seven-story product showroom in southern Seoul by partnering with local popular establishments as part of its broader efforts to capture young customers. The seven-story building, including its underground floor, in the posh southern district of Gangnam houses [...]
SEOUL, Oct. 14 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday it will develop smart ports using 5G network services by partnering with the Ministry of Oceans and Fisheries and the Busan Port Terminal Corp. Under the memorandum of understanding signed between the three parties, they will develop a test [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s mobile subscriptions topped 70 million in August thanks to a pickup in 5G users, data showed Monday. As of August, the country had 70 million mobile accounts, up 201,119 from the previous month, according to data from the ICT ministry. South Korea has a population of 51.8 [...]
SEOUL, Oct. 4 (Korea Bizwire) — SK Telecom Co., South Korea’s top telecom operator, is eyeing initial public offerings (IPO) for its digital service subsidiaries starting next year, analysts said Sunday, as the company seeks to realign its business structure. The move has been widely expected after the mobile carrier announced its IPO ambitions for [...]