SEOUL, Oct. 15 (Korea Bizwire) — South Korean telecom giant LG Uplus Corp. said Thursday it opened a seven-story product showroom in southern Seoul by partnering with local popular establishments as part of its broader efforts to capture young customers. The seven-story building, including its underground floor, in the posh southern district of Gangnam houses [...]
SEOUL, Oct. 14 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday it will develop smart ports using 5G network services by partnering with the Ministry of Oceans and Fisheries and the Busan Port Terminal Corp. Under the memorandum of understanding signed between the three parties, they will develop a test [...]
SEOUL, Oct. 5 (Korea Bizwire) — South Korea’s mobile subscriptions topped 70 million in August thanks to a pickup in 5G users, data showed Monday. As of August, the country had 70 million mobile accounts, up 201,119 from the previous month, according to data from the ICT ministry. South Korea has a population of 51.8 [...]
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 [...]