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KT Sat to Expand Satellite Telecommunications Services in Indonesia

KT Sat to Expand Satellite Telecommunications Services in Indonesia

SEOUL, April 8 (Korea Bizwire) — KT Sat Co., a satellite service arm of South Korean telecom giant KT Corp., said Thursday it has won an order to establish a high-speed satellite telecommunications network in Indonesia’s Papua province. The company said it will take part in the Indonesian government-led project to offer telecommunications services for [...]

After 2 Years into 5G World, Smartphone Users Still Hungry for Wider Coverage, Faster Speeds

After 2 Years into 5G World, Smartphone Users Still Hungry for Wider Coverage, Faster Speeds

SEOUL, April 3 (Korea Bizwire) — When 5G networks were first rolled out in South Korea in April 2019, telecom operators claimed that their ultrafast mobile speeds and low latency would usher in a new era for smartphone users and even power future technologies from autonomous vehicles to virtual reality (VR) content to cloud gaming. [...]

SK Telecom-Sinclair Joint Venture to Commercialize Next-generation Broadcast Solution This Year

SK Telecom-Sinclair Joint Venture to Commercialize Next-generation Broadcast Solution This Year

SEOUL, April 2 (Korea Bizwire) — Cast.era, a media technology joint venture between South Korea’s top wireless carrier SK Telecom Co. and U.S. media giant Sinclair Broadcast Group Inc., will launch a next-generation broadcast solution that boosts television content quality this year, the South Korean company said Friday. The telecom operator said Cast.era has completed [...]

S. Korea to Encourage 5G Competition Through Budget Mobile Providers

S. Korea to Encourage 5G Competition Through Budget Mobile Providers

SEOUL, April 1 (Korea Bizwire) — South Korea’s ICT ministry said Thursday it aims to encourage more competition in the local 5G market through the release of affordable mobile data plans from mobile virtual network operators (MVNOs). The ICT ministry said 10 MVNOs in the country, including Sejong Telecom Inc., will release new data plans [...]

SK Telecom Eyes Governance Improvement to Boost Shareholder Value

SK Telecom Eyes Governance Improvement to Boost Shareholder Value

SEOUL, March 25 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday it will revamp its governance structure this year in a way that boosts shareholder value. CEO Park Jung-ho told shareholders that the company will announce changes to its governance structure “soon,” admitting its share price has remained largely lackluster [...]

LG Electronics to Step Up 6G Tech Development

LG Electronics to Step Up 6G Tech Development

SEOUL, March 23 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has joined forces with two other partners to develop next-generation 6G network technology. LG signed a partnership with Keysight Technologies Inc., a U.S.-based electronics test and measurement firm, and the Korea Advanced Institute of Science & Technology (KAIST), South Korea’s leading research university. [...]