SEOUL, Feb. 13 (Korea Bizwire) – The number of MVNO subscribers is about to exceed seven million, a sign of market maturation over the past six years. However, due to sluggish growth that began two years ago, businesses are desperately struggling for existence. MVNOs are putting significant efforts into finding a way out by diversifying their [...]
Seoul, Korea, Feb. 9 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it, together with Busan Transportation Corporation (BTC), has deployed the world’s first LTE-R, a standard for the next-generation railway communication system, on Busan Subway Line 1. Since entering a contract for the deployment of LTE-R with BTC in August 2015, SK Telecom [...]
SEOUL, Dec. 21 (Korea Bizwire) – South Korea’s health authorities and one of the nation’s three mobile carriers launched a collaboration on Wednesday to monitor and further prevent the spread of infectious diseases. Under an agreement between the Korea Centers for Disease Control and Prevention (KCDC) and LG Uplus Co., the authorities will provide information [...]
SEOUL, Dec. 13 (Korea Bizwire) – KT Corp., a South Korean broadband Internet and mobile carrier, said Tuesday that it will complete building a network for the fifth-generation network (5G) by September to provide a trial service of the technology at the 2018 Winter Olympics. Under the plan, KT will install the network in PyeongChang, [...]
SEOUL, July 29 (Korea Bizwire) – Though the South Korean government quashed SK Telecom’s attempt to take over CJ HelloVision, one of Korea’s leading telecommunications companies is still stepping up to shift its strategy to a ‘digital platform’. SK Telecom had proposed acquiring the nation’s largest cable TV operator, CJ HelloVision, and then merge it with [...]
SEOUL, July 13 (Korea Bizwire) – According to a Hyundai Research Institute report entitled ‘The Trend of Promising Industries Related to Internet of Things (IoT)’ revealed on July 12, the global IoT market is expected to swell from $300 billion in 2015 to $1 trillion by 2020, with 28.8 percent annual growth. For South Korea, experts foresee [...]
SEOUL, July 5 (Korea Bizwire) – SK Telecom (SKT), Korea’s leading network operator, launched a nationwide Internet of Things network Monday that uses its LoRa (long-range) network exclusive to IoT communications. This is the first time for a country to establish an IoT-exclusive nationwide network with a single control center. With the new system, a wide [...]
SEOUL, June 11 (Korea Bizwire) – Korea has a population of 50 million with 54 million cell phone subscribers. The need for pay phones has clearly faded away. According to KT Linkus, which manages these relics of yesteryear, the number of pay phones across the country has decreased by 38 percent from 113,000 in 2006 [...]
SEOUL, May 23 (Korea Bizwire) – Korean telecommunication companies, such as SK Telecom (SKT) and KT, are rushing to establish IoT (Internet of Things) communications networks. The competition is expected to heighten with relaxed government regulations regarding these new types of networks. Although IoT features multiple-connected objects, the volume of data transferred between objects is relatively [...]
SEOUL, May 10 (Korea Bizwire) – More than 19 million smartphone and other mobile device users in South Korea have adopted various types of “data plans” that offer unlimited talk and text services for free, reflecting a surge in mobile data traffic, industry officials said Monday. The big-three local firms — SK Telecom Co., KT [...]