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Affiliates of Xura Enter into Agreements to Acquire Mitel Mobile and Ranzure Networks to Create a New Key Player in 5G Ready Mobile Network Solutions

WAKEFIELD, Mass., Dec. 19 (Korea Bizwire) — Xura, Inc. (“Xura”), a leading provider of digital communications services, today announced that its affiliates have entered into definitive agreements to acquire Mitel Mobility, Inc. (“Mitel Mobile”), a division of Mitel Networks Corporation (“Mitel”) (Nasdaq:MITL) (TSX:MNW), and Ranzure Networks, Inc. (“Ranzure”). Mitel Mobile, [...]

KT to Build Network for 5G Trial Service in PyeongChang by Sept.

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, [...]

World Telecom Body’s 5G Standard Includes KT’s Own Technology

SEOUL, Dec. 9 (Korea Bizwire) – The global standard for ultra-fast fifth-generation (5G) mobile networks, which is being developed by the International Telecommunication Union (ITU), includes KT Corp.’s homegrown network management technology, the company said Friday. The decision to include KT’s technology in the 5G standard was made at a meeting of the ITU in [...]

SK Telecom Publishes White Paper on Next Generation Network Evolution

Seoul, Korea, Sept. 2 (Korea Bizwire) – SK Telecom (NYSE: SKM) today announced that it has published ‘ATSCALE White Paper’ to suggest the direction for evolution of the next-generation telecommunications networks including the 5G network. In this white paper, SK Telecom describes in detail its ATSCALE vision and architecture, based on which it will realize [...]

Mitel Advances Real-Time Communications for Mobile Workers and Consumers

SAN DIEGO, Apr. 20 (Korea Bizwire) — Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, today announced its next series of innovations for businesses and services providers as the company continues to deliver the technology and capabilities for mobile-first, cloud-enabled and millennial-focused communications and collaboration. Delivering a Millennial-Ready Contact Center [...]

SK Telecom Demonstrates Its Capability for Building 5G System at MWC 2016

Barcelona, Spain, Feb. 22 (Korea Bizwire) – SK Telecom (NYSE:SKM) is showcasing its latest 5G system including radio, core and device at Mobile World Congress (MWC) 2016. - SK Telecom showcases 5G System Together with NOKIA, SK Telecom demonstrated live 20.5 Gbps transmission speed over the air being held in Barcelona, Spain. Standing at a point [...]

KT on Track to Showcase 5G Tech in PyeongChang

SEOUL, Feb. 15 (Korea Bizwire) – South Korea’s No. 2 mobile carrier KT Corp. said Monday it will be able to provide fifth-generation (5G) network services at the venue of the Winter Olympics in 2018 as scheduled, setting a new milestone for the global telecommunications industry. KT, the official network service provider of the 2018 [...]

ETRI Presents a Blueprint of the ’5G Future’

Daejeon, KOREA, Dec. 22 (Korea Bizwire) – A 5G future is no longer a distant one, but an upcoming reality. High quality videos of more than 10Mbps can be served simultaneously to 100 users even in a train running at up to 500km/h. People can experience data rates that are 100 times faster than currently [...]

SK Telecom – China Unicom Sign MOU for Cooperation in Telecommunications and New Growth Businesses

Seoul, Korea, Oct. 11 (Korea Bizwire) – SK Telecom (NYSE:SKM) announced today that it signed a Memorandum of Understanding (MOU) with China Unicom to cooperate in strengthening their competitiveness in the telecommunications industry and promoting new growth businesses. The MOU signing ceremony took place at the Belmond Mount Nelson Hotel located in Cape Town, South [...]

Gov’t to Spend 5.7 tln Won for 5G, Drones

SEOUL, Aug. 28 (Korea Bizwire) — South Korea plans to invest around 5.7 trillion won (US$4.83 billion) over the next five years to help nurture the fifth-generation (5G) network, unmanned drones and other high-end technology. Under the plan, the Ministry of Science, ICT and Future Planning will allocate the budget in 19 industry areas. “The [...]