SEOUL, Feb. 6 (Korea Bizwire) – KT Corp., South Korea’s major telecommunication firm, said Thursday its net profit fell 12.2 percent last year from a year earlier as it ramped up spending on its network and marketing. In a regulatory filing, KT reported a net income of 669.3 billion won (US$ 565.7 million) last year, [...]
SEOUL, Feb. 1 (Korea Bizwire) — South Korea’s three major telecommunication companies said Saturday they will participate in the upcoming mobile technologies trade fair as planned despite growing fears over the spread of the new strain of coronavirus. The three — SK Telecom Co., KT Corp. and LG Uplus Corp. — said they have no [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s major mobile carriers are rolling out various marketing programs targeting children, industry insiders said Sunday, as they aim to secure their future customers ahead of the new academic year. The mobile carriers unveiled new promotions and mobile phone products for kids this month, hoping they can win [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korean telecommunication firms have revamped their business divisions to boost their artificial intelligence (AI) capabilities, industry insiders said Saturday, as they aim to expand their presence beyond mobile services. KT Corp., the nation’s No. 2 mobile carrier, last week announced that it created a business division dedicated to [...]
SEOUL, Jan. 20 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, said Monday it plans to launch a 5G stand-alone service in the first half of the year after a test on its commercial 5G network was successful. Its stand-alone 5G data call using the company’s multi-vendor commercial 5G network in Busan [...]
SEOUL, Jan. 20 (Korea Bizwire) — KT Corp., South Korea’s major telecommunications firm, said Monday it has developed a 5G-powered medical service with a Seoul hospital to provide better patient care. KT said it built a 5G network at the Samsung Medical Center (SMC) and successfully applied its 5G technology to medical practices last week. [...]
SEOUL, Jan. 17 (Korea Bizwire) — South Korea’s top three telecommunication firms said Friday they have joined hands to offer 5G services on subways in major cities. The three — SK Telecom Co., KT Corp. and LG Uplus Corp. — said they have recently completed setting up 5G infrastructure on the subway system in Gwangju, [...]
SEOUL, Jan. 15 (Korea Bizwire) – SK Telecom Co., South Korea’s top mobile carrier, said Wednesday it aims to expand cooperation with Microsoft Corp. on console games. SKT said it plans to support the development of games for Xbox, a home video game console manufactured by Microsoft, by boosting investment and marketing activities. To initiate [...]
SEOUL, Jan. 14 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will acquire U.S. network service provider TeleWorld Solutions (TWS) Inc. to better provide 5G infrastructure and solutions. Under the deal, TWS will be a wholly owned subsidiary of Samsung Electronics America Inc., according to the South Korean tech giant. Samsung didn’t reveal the [...]
SEOUL, Jan. 13 (Korea Bizwire) –- SK Telecom Co. (SKT), South Korea’s largest mobile carrier, said Monday it has formed an international task force with five Asian telecommunication firms to develop 5G mobile edge computing (MEC) technologies and services. Led by SKT, Global MEC TF will be comprised of Hong Kong’s PCCW Global Ltd. and [...]