SEOUL, Jul. 7 (Korea Bizwire) — A consortium led by telecom giant KT Corp. will monitor and combat infectious diseases in real-time by using big data, the company said Friday. The consortium was selected by the Ministry of Science, ICT and Future Planning to establish the big data system for monitoring and surveillance of the [...]
SEOUL, Jul. 5 (Korea Bizwire) — South Korean credit card company BC Card is adopting KT’s blockchain-based electronic signature capture system (ESC), a world’s first, which could slash the time spent processing electronic signatures by up to 70 percent. The collaboration between the South Korean telecom giant and BC Card will see the blockchain technology, which [...]
SEOUL, Jul. 5 (Korea Bizwire) — The number of subscribers to Internet-of-Things (IoT) services in South Korea is presumed to have surpassed the 6 million mark last month, government data showed Wednesday. According to the data compiled by the Ministry of Science, ICT and Future Planning, the number of South Koreans using IoT-related services came [...]
SEOUL, Jun. 24 (Korea Bizwire) — When it comes to cell phone bills in South Korea, the overwhelming public sentiment is that people think they are paying too much at the moment. The row between the government and telecom companies over efforts to reduce phone bills in recent years mirrors the frustration very palpable in a [...]
SEOUL, June 22 (Korea Bizwire) – Major South Korean telecom providers, namely KT, SKT and LG U Plus, have been finding themselves embroiled in a series of controversies in recent weeks, as pressure from the government and public to cut mobile phone bills continues to grow. In recent weeks, the Moon administration, emboldened by overwhelming [...]
SEOUL, June 19 (Korea Bizwire) – South Korea’s mobile carriers are keeping a watchful eye on possible moves by the government to cut subscription costs for telecom services that will impact their earnings, industry watchers said Sunday. The Ministry of Science, ICT, and Future Planning will hold a session with the State Affairs Planning Advisory [...]
SEOUL, Jun. 12 (Korea Bizwire) — Following in the footsteps of SKT and LG Uplus, KT is freeing its Wi-Fi access points to the public, becoming the last of the three major South Korean mobile network providers to join the government’s effort to create a nationwide free Wi-Fi zone. KT’s latest move to join its [...]
SEOUL, June 8 (Korea Bizwire) – South Korean mobile carriers are bracing for a possible shake-up of phone bills, as the government inches towards scrapping what are known as basic charges, fees that have been a key driver of profits for telecom companies in the past. After years of criticism and complaints, pressure from newly-elected [...]
SEOUL, Jun. 5 (Korea Bizwire) — South Korean telecom providers are concentrating on children in their latest commercials, a new marketing focus that differs from strategies employed in the past. Traditionally, parents who have purchasing power have always been the main target audience for mobile providers in South Korea, until recently when companies began making [...]
SEOUL, June 1 (Korea Bizwire) – The newly elected Moon Jae-in administration has reaffirmed its stance on cutting mobile phone bills for the socially marginalized in South Korea. In a business meeting with the Ministry of Science, ICT and Future Planning (MSIP) held today, Lee Gae-ho from the advisory committee for government planning said reducing [...]