SEOUL, April 21 (Korea Bizwire) — The chief of SK Telecom Co. said Wednesday the wireless carrier will likely work with Amazon.com Inc. in video streaming services as the country’s leading mobile carrier seeks to grow efforts to boost its non-mobile businesses. SK Telecom currently holds a major stake in local video streaming service operator [...]
SEOUL, April 19 (Korea Bizwire) — Nokia Corp., a Finnish telecom equipment giant, said Monday it has signed an agreement with South Korean mobile carrier LG Uplus Corp. to install its next-generation indoor 5G equipment here. Nokia said it will deploy its small cell AirScale Indoor systems in indoor locations across the country, including shopping [...]
SEOUL, April 15 (Korea Bizwire) — South Korea’s three major mobile carriers will share their 5G networks in remote coastal and farm towns in a move to accelerate the rollout of the latest generation networks, the ICT ministry said Thursday. The carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — signed an [...]
SEOUL, April 14 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday it will create a new holding company for its non-mobile subsidiaries to accelerate growth in promising fields and tighten its grip on its chipmaking unit, SK hynix Inc. The telecom operator said that it will conduct a spinoff to [...]
SEOUL, April 11 (Korea Bizwire) — South Korean wireless carriers are estimated to have logged robust earnings in the first quarter on the back of sharp growth in 5G users and their non-telecom businesses, a poll showed Sunday. The combined operating profits of the country’s three major mobile carriers — SK Telecom Co., KT Corp. [...]
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 [...]