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In South Korea, LTE Phone Plans Cost More Than 5G Despite Slower Speeds

In South Korea, LTE Phone Plans Cost More Than 5G Despite Slower Speeds

SEOUL, Sept. 10 (Korea Bizwire) – A recent analysis has revealed that South Korean mobile carriers are charging more for LTE (4G) phone plans than for 5G plans, despite offering less data and slower speeds. This pricing strategy has raised concerns about fairness and potential overcharging of consumers. Rep. Choi Su-jin of the People Power Party, [...]

SK Telecom, Perplexity to Join Hands to Innovate Global Search Engine Market

SK Telecom, Perplexity to Join Hands to Innovate Global Search Engine Market

SEOUL, Sept. 4 (Korea Bizwire) — SK Telecom Co., South Korea’s leading telecommunications company, said Wednesday it will join hands with Perplexity, a U.S. artificial intelligence startup, in a bid to transform the global search engine market. In a joint press conference in Seoul, SK Telecom and Perplexity outlined their vision to co-lead the AI [...]

SK Telecom Launches Enterprise Passkey Authentication System as SaaS

SK Telecom Launches Enterprise Passkey Authentication System as SaaS

SEOUL, Aug. 26 (Korea Bizwire) – SK Telecom, a leading South Korean telecommunications company, announced on August 26 that it will provide a ‘passkey’ system to businesses as a Software as a Service (SaaS) solution, enabling login and user authentication without passwords. Passkey is a global standard technology that allows authentication and login through public key [...]

KT Unveils Lightweight 5G Network Solution for Better Corporate Security and Efficiency

KT Unveils Lightweight 5G Network Solution for Better Corporate Security and Efficiency

SEOUL, Aug. 16 (Korea Bizwire) – South Korean telecom giant KT Corporation has announced a breakthrough in corporate networking technology with its new “lightweight 5G business network” solution. The company revealed on August 15 that this innovation aims to alleviate the burden of infrastructure construction for businesses and public institutions. The 5G business network service is [...]

Gov’t Revokes License of New Mobile Carrier Stage X over Funding Questions

Gov’t Revokes License of New Mobile Carrier Stage X over Funding Questions

SEOUL, Jul. 31 (Korea Bizwire) — The government said Wednesday it has revoked the license of Stage X as the country’s fourth mobile carrier due to the company’s failure to secure paid-in capital and meet other requirements. Stage X, a consortium comprising mobile virtual network operator Stage Five and other partners, secured the 28 gigahertz [...]

SK Telecom Signs MOU with Singtel to Expand Technology Cooperation

SK Telecom Signs MOU with Singtel to Expand Technology Cooperation

SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s major mobile carrier, said Monday it will join hands with Singapore’s leading telecommunications company, Singtel, to improve their next-generation network technologies as part of efforts to take the helm of the global telco market. Under the memorandum of understanding, SK Telecom and Singtel will [...]

SK Telecom Launches Lucky Draw for 10,000 Coveted ‘Gold Numbers’

SK Telecom Launches Lucky Draw for 10,000 Coveted ‘Gold Numbers’

SEOUL, Jun. 10 (Korea Bizwire) – SK Telecom announced on June 9 that it will hold a lucky draw for 10,000 highly sought-after “gold numbers,” providing customers with the opportunity to own unique and meaningful phone numbers. Gold numbers refer to phone numbers with specific patterns, such as repetitive digits (e.g., 1111, 2200, 3000), numbers where [...]

SK Telecom Loses Ground in Overall Mobile Market but Maintains 5G Lead

SK Telecom Loses Ground in Overall Mobile Market but Maintains 5G Lead

SEOUL, Jun. 4 (Korea Bizwire) – As the growth of budget mobile carriers persists in South Korea, SK Telecom, the nation’s largest mobile operator, has continued to lose overall market share. However, a new report shows the company still commands a significant portion of 5G subscriptions. According to a report evaluating the competitiveness of South Korea’s [...]