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Mobile Carriers Tipped to Deliver Robust Q2 Earnings on Expanded 5G Presence

Mobile Carriers Tipped to Deliver Robust Q2 Earnings on Expanded 5G Presence

SEOUL, June 27 (Korea Bizwire) — South Korea’s major mobile carriers are expected to report improved bottom lines in the second quarter on the back of a rise in subscribers to 5G network services amid the pandemic, analysts said Saturday. The combined net profits of the country’s three major carriers — SK Telecom Co., KT [...]

Unlicensed Frequency Band to Boost Wi-Fi Speed, Smart Factory Penetration

Unlicensed Frequency Band to Boost Wi-Fi Speed, Smart Factory Penetration

SEOUL, June 25 (Korea Bizwire) — South Korea’s move to offer an unlicensed 6 gigahertz (GHz) frequency band will lead to superfast Wi-Fi services across the country and the building of 5G network-based smart factories, the science ministry said Thursday. The spectrum, ranging from 5,925 MHz through 7,125 MHz, will open for indoor use in [...]

Samsung to Supply 5G Network Equipment to Canadian Telco

Samsung to Supply 5G Network Equipment to Canadian Telco

SEOUL, June 19 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, on Friday said it has been selected as the 5G network infrastructure supplier for Canadian telecommunications giant Telus Corp. This is Samsung’s second 5G equipment supply deal in Canada following its agreement with Videotron Ltd. in December. “Deploying a 5G network [...]

Telcos Looking to Open Clerkless Outlets amid Pandemic

Telcos Looking to Open Clerkless Outlets amid Pandemic

SEOUL, June 15 (Korea Bizwire) — South Korea’s major telecom operators are looking to launch clerkless outlets as they try to cope with non-face-to-face business situations amid the novel coronavirus pandemic, industry sources said Monday. According to the sources, SK Telecom Co., the nation’s top mobile carrier, is planning to offer unmanned services at a [...]

Telcos Expand Financial Services in Cooperation with Local Banks

Telcos Expand Financial Services in Cooperation with Local Banks

SEOUL, June 13 (Korea Bizwire) — South Korea’s three major telecom firms are expanding financial services in cooperation with local banks, industry officials said Saturday, as they try to expand their businesses beyond the telecom sector. The three firms — SK Telecom Co., KT Corp. and LG Uplus Corp. — in recent months introduced various [...]