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 [...]
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. [...]
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 [...]
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 [...]
SEOUL, March 28 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, said Sunday it signed a deal to export US$11.14 million worth of 5G solutions and content to Thailand’s top mobile carrier, Advanced Info Service (AIS). Under the deal, LG Uplus will provide AIS with augmented reality (AR) and virtual reality [...]
SEOUL, March 25 (Korea Bizwire) — Samsung Electronics Co. on Thursday denied media reports that the company is pushing to build a network equipment plant in India, saying that nothing has been determined at this point. Foreign media recently reported that Samsung is looking to build the facility in Uttar Pradesh, east of New Delhi, [...]
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 [...]
SEOUL, March 23 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Tuesday it aims to acquire more than 1,000 works of intellectual property in media content by 2023 and spend big to boost its media and video streaming business amid growing competition. KT CEO Ku Hyeon-mo said in an online briefing [...]
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. [...]
SEOUL, March 23 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has signed a deal with Japan’s largest mobile operator NTT Docomo Inc. to provide 5G network solutions as the South Korean tech giant tries to further expands its presence in the 5G infrastructure market. Samsung said it will support Docomo with its advanced [...]