SEOUL, Oct. 4 (Korea Bizwire) — SK Telecom Co., South Korea’s top telecom operator, is eyeing initial public offerings (IPO) for its digital service subsidiaries starting next year, analysts said Sunday, as the company seeks to realign its business structure. The move has been widely expected after the mobile carrier announced its IPO ambitions for [...]
SEOUL, Oct. 2 (Korea Bizwire) — Despite about two years having passed since South Korea’s top three mobile carriers launched 5G networks, there are still a number of metropolitan cities and provinces that don’t have any 5G indoor base stations at all. According to data that the Ministry of Science and ICT presented to Rep. [...]
SEOUL, Oct. 2 (Korea Bizwire) — South Korean mobile carriers are tipped to post improved earnings in the third quarter this year on the back of increased 5G subscribers, analysts said Friday. The combined operating profits of the country’s three major telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. — are [...]
SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has joined forces with Microsoft Corp. to provide cloud-based private 5G network solutions as the South Korean tech giant tries to expand its presence in the next-generation communications sector. Samsung will deploy its virtualized radio access network (RAN), virtualized core, and multi-access edge [...]
SEOUL, Sept. 23 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile network provider, said Wednesday it aims to commercialize its 5G network on the 28-gigahertz (GHz) band by the end of this year, targeting businesses with faster network speeds. Local telecom operators currently offer 5G on the 3.5-GHz band since commercializing the network [...]
SEOUL, Sept. 22 (Korea Bizwire) — As the global transport sector braces for future mobility services like flying taxis, South Korean telecom operators are strengthening partnerships with both auto giants and startups alike to join the industry shift. Major local carriers have emerged as key players in the transport shake-up as network infrastructure and technology [...]
SEOUL, Sept. 21 (Korea Bizwire) — SK Telecom Co., the top mobile operator in South Korea, said Monday it will offer a remote education service early next year for students stuck at home amid the pandemic. The service will be developed in partnership with the Gwangju Metropolitan Office of Education to be used by around [...]
SEOUL, Sept. 20 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Sunday it is joining forces with Google to jointly develop 5G mobile edge computing (MEC) technology. Under the partnership, LG Uplus will work with Google Cloud, which will provide its artificial intelligence and machine learning technologies, to develop new [...]
SEOUL, Sept. 18 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Friday it plans to roll out its 5G-powered autonomous robot next year. The robot — which is being developed in partnership with autonomous mobility firm Unmanned Solution — has recently demonstrated its abilities at local refiner Hyundai Oilbank Co.’s [...]
SEOUL, Sept. 16 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday it will build 5G test facilities nationwide as part of the government’s initiative to support companies developing new services on the high speed network. The 28.5 billion-won (US$24.2 million) project is expected to be completed by 2023 and targets [...]