SEOUL, Oct. 27 (Korea Bizwire) – The government said Wednesday that it plans to introduce 5G-equipped buses across the country by 2023, giving citizens access to free wireless internet that is up to four times faster. The Ministry of Science and ICT said 29,100 out of 35,000 city buses across the country will be upgraded [...]
SEOUL, Oct. 12 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, has announced the world’s first commercialization of a Physical Unclonable Function (PUF)-based Universal Subscriber Identity Module (USIM) in collaboration with security solutions company ICTK Holdings. PUF is a technology that prevents counterfeits or modifications using the difference in microstructure of [...]
SEOUL, Oct. 9 (Korea Bizwire) — South Korean telecom operators are expected to report robust earnings for the third quarter, analysts said Saturday, as subscriptions to pricier 5G mobile plans pick up steam. The combined operating profits of the country’s three major mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — [...]
SEOUL, Oct. 6 (Korea Bizwire) — Around a quarter of South Korea’s mobile subscriptions were on 5G networks in August, data showed Wednesday, as new smartphone launches boosted user growth in the latest generation networks. As of end-August, there were 17.8 million 5G network users, accounting for 24.8 percent of the country’s total 71.9 million [...]
SEOUL, Sept. 30 (Korea Bizwire) — SK Broadband Co., a major South Korean internet service provider (ISP), said Thursday it has filed a lawsuit against Netflix to demand network usage fees after a local court ruled against the video streaming giant on the dispute earlier this year. In June, the Seoul Central District Court dismissed [...]
SEOUL, Sept. 27 (Korea Bizwire) — The number of 5G network base stations in South Korea accounted for just 11 percent of the total in the second quarter, data showed Monday, amid continued user complaints against the latest generation networks. As of the April-June period, there were 162,099 5G base stations in the country, compared [...]
SEOUL, Sept. 17 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Friday it will purchase 175 billion won (US$150 million) worth of stocks in its media unit KT Studio Genie as part of efforts to bolster its growing entertainment business. The telecom operator said it will purchase 8.75 million shares in the [...]
SEOUL, Sept. 10 (Korea Bizwire) — South Korean telecom operators have so far installed less than 200 base stations that support millimeter wave (mmWave) 5G, data showed Friday, highlighting the lack of progress to commercialize the technology that unlocks the fastest speeds on the network. Major mobile carriers — SK Telecom Co., KT Corp. and [...]
SEOUL, Sept. 9 (Korea Bizwire) — South Korean telecom giant KT Corp. said Thursday it has acquired global data company Epsilon Global Communications Pte. Ltd. to bolster the telecom operator’s data communications infrastructure. KT said in a release it signed a deal Wednesday to acquire the company with Daishin Private Equity under South Korean brokerage [...]
SEOUL, Sept. 7 (Korea Bizwire) — KT Corp., a South Korean telecom giant, announced that it would launch a pilot project for an artificial intelligence (AI)-based smart parking control system in the Russian border town of Vladivostok, aimed at alleviating traffic congestion by improving parking efficiency. As part of the pilot project, KT will be [...]