SEOUL, April 18, (Korea Bizwire) — Woori Bank has officially entered South Korea’s budget telecom market with the launch of its new mobile virtual network operator (MVNO) service, WooriWON Mobile, which began operations on April 18, 2025. To mark the launch, Woori Bank is offering promotional benefits worth up to 300,000 won for new customers [...]
SEOUL, April 16, (Korea Bizwire) — After a brief slowdown at the end of 2024, South Korea’s budget mobile phone market is rebounding in early 2025, buoyed by new low-cost 5G data plans and increased government support. According to data released Monday by the Ministry of Science and ICT, the number of mobile subscriptions under [...]
SEOUL, April 15 (Korea Bizwire) — SK Telecom announced on Monday the launch of a groundbreaking “T In-Flight Wi-Fi Auto Roaming” service on select Korean Air flights, marking the first time globally that automatic authentication technology has been applied to in-flight wireless internet. Developed in partnership with SK Telink, the new service allows SKT subscribers to [...]
DAEJEON, March 21 (Korea Bizwire) — South Korean researchers have created a transparent film that could revolutionize indoor 5G reception, eliminating the need for expensive signal repeaters while solving one of 5G’s most persistent problems: poor indoor coverage. The Electronics and Telecommunications Research Institute (ETRI) has announced the development of an intelligent reconfigurable surface (RIS) [...]
SEOUL, March 19 (Korea Bizwire) — The government will push for the development of cloud computing technologies to bolster the data infrastructure of the country as part of efforts to foster new growth engines, the finance ministry said. The Ministry of Economy and Finance announced the plan as part of the new growth engine project, [...]
SEOUL, March 19 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunications company, announced on Tuesday that it will become the nation’s first telecom provider to adopt eco-friendly bobbins for its fiber optic cables starting in April. Bobbins, the cylindrical structures used to store and transport cables, are traditionally made from wood. KT’s new bobbins, [...]
SEOUL, March 11 (Korea Bizwire) — SK Networks Co., an information technology (IT) solutions unit under SK Group, said Tuesday it has partnered with Qualcomm Technologies Inc. to strengthen its artificial intelligence (AI) business portfolio. As a first step, Qualcomm will provide SK Networks with its high-performance Internet of Things (IoT) solutions, including Qualcomm Dragonwing [...]
SEOUL, March 10 (Korea Bizwire) — At Mobile World Congress (MWC) 2025, LG Uplus announced a partnership with Google’s Gemini AI, marking the final piece of South Korea’s major telecom companies unveiling their strategic AI alliances. With this move, SK Telecom has aligned with Anthropic and Perplexity, KT has partnered with Microsoft, and LG Uplus [...]
SEOUL, March 9 (Korea Bizwire) — The first-ever discussions on global 6G technology standards are set to take place in South Korea from March 10 to 14, marking a critical milestone in next-generation telecommunications. The Ministry of Science and ICT announced on Sunday that the 3rd Generation Partnership Project (3GPP)—the international body responsible for mobile communication [...]
SEOUL, March 4 (Korea Bizwire) — South Korea’s three major telecommunications companies said Tuesday they have outlined their artificial intelligence (AI) business strategies at this year’s Mobile World Congress (MWC) in Spain. SK Telecom Co., KT Corp. and LG Uplus Corp. underlined collaboration with local and global partners to make a presence in the AI [...]