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 [...]
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 [...]
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 [...]
SEOUL, Jun. 12 (Korea Bizwire) — SK Telecom Co. said Wednesday it is hosting a regular meeting of the O-RAN Alliance, a global community of mobile operators for open radio access network (RAN), this week for the first time in South Korea to discuss communications network technologies. The meeting kicked off Monday for a five-day [...]
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 [...]
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 [...]
SEOUL, Apr. 30 (Korea Bizwire) — SK Telecom Co., a major South Korean mobile carrier, said Tuesday it will release a large language model (LLM) tailored to the needs of telecommunications companies in June. The telco-specific LLM was fine-tuned on SK Telecom’s artificial intelligence model, A.X, and various AI models developed by global big techs, [...]
SEOUL, Apr. 22 (Korea Bizwire) – A new study suggests that network operators, including telecommunications companies, provide benefits worth an estimated 506 billion won annually to Netflix users in South Korea. The research paper titled “An Empirical Study on the Benefits Provided by Internet Service Providers (ISPs) to Over-the-Top (OTT) Service Users,” authored by Professor Byun [...]
SEOUL, Apr. 18 (Korea Bizwire) – In an effort to reduce plastic waste, South Korea’s telecommunications industry is downsizing the physical SIM cards issued to mobile subscribers. SK 7mobile, the budget phone brand of SK Telink, announced that it will introduce new SIM cards that are one-fourth the size of standard versions. Traditionally, a single SIM [...]
SEOUL, Apr. 2 (Korea Bizwire) – As cyberattacks escalate in South Korea, new data reveals that smaller enterprises are bearing the brunt of the damage, according to the Korea Internet and Security Agency (KISA). KISA figures show a sharp rise in reported cyber incidents, from 630 cases in 2020 to 1,227 in 2023 – nearly doubling [...]