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 [...]
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 [...]
SEOUL, June 23 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday it will open a contactless store in October in line with growing demand for non-face-to-face services amid the coronavirus pandemic. The new store, which is set to open in central Seoul, will provide services such as selling USIM [...]
SEOUL, June 22 (Korea Bizwire) — KT Corp., South Korea’s telecommunications giant, on Monday released a new Wi-Fi service that reaches the corners of homes as telework has increased during the pandemic. The new service, named the GiGA Wi, incorporates two Wi-Fi routers. An extra wireless router allows the Wi-Fi signal to reach remote corners [...]
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 [...]
SEOUL, June 18 (Korea Bizwire) – South Korea’s telecommunications giant KT Corp. said Thursday it plans to launch a new communications satellite in 2024 at the earliest as it aims to provide better 5G services and expand coverage. KT Sat Co., a satellite service arm of KT, announced that it will launch the Mugunghwa-6A to replace [...]
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 [...]
SEOUL, June 15 (Korea Bizwire) — South Korea’s three major telecom companies are expected to face a record fine over their illegal subsidies for 5G customers, industry insiders said Monday, as they fear such a penalty could dampen their efforts to overcome the novel coronavirus pandemic. According to industry sources, the Korea Communications Commission (KCC) [...]
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 [...]
SEOUL, June 12 (Korea Bizwire) — South Korea’s 2G mobile network will be gradually shut down 25 years after bringing in the mobile era in the country as the top mobile operator got the nod for the termination of the service on Friday. SK Telecom Co. was allowed by the ICT ministry to discontinue its [...]