SEOUL, May 12 (Korea Bizwire) — South Korea’s ICT ministry said Friday that it has canceled the license for the new 28 gigahertz spectrum of high-speed 5G network owned by SK Telecom Co., South Korea’s No. 1 wireless carrier, citing a lack of investment. SK Telecom had been given the right to use the high-speed [...]
SEOUL, Jan. 31 (Korea Bizwire) — The South Korean government said Tuesday it will give a new operator the exclusive rights to an additional 5G network frequency band for three years in a bid to help local businesses enter the new high-speed network service sector. The new operator will be given the priority to use [...]
SEOUL, June 29 (Korea Bizwire) — South Korea’s ICT ministry said Tuesday it will provide 5G frequency bands to companies other than telecom operators later this year in a move to spur the wider adoption and development of technology for the latest generation networks. The country has so far distributed 3.5 gigahertz (GHz) and 28 [...]
SEOUL, Jun. 14 (Korea Bizwire) — The starting price of South Korea’s first auction for high-end fifth-generation network frequencies scheduled for this week is expected to be set at around 3.3 trillion won (US$3 billion), industry insiders said Thursday. The Ministry of Science and ICT said the country’s three mobile carriers — SK Telecom Co., [...]