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 [...]
SEOUL, Jun. 1 (Korea Bizwire) — China-based tech manufacturer ZTE Corp. is gradually expanding its presence in the South Korean market by joining forces with local companies, industry watchers said Wednesday. There are currently three ZTE-manufactured devices being sold in South Korea, including the LINE Friends smartphone released through KT Corp., the country’s No. 2 [...]
SEOUL, May 16 (Korea Bizwire) – Facebook is allegedly in a dispute with SK Broadband over its share of data traffic costs, after the South Korean internet provider rebuffed the social networking giant’s request to provide the free use of a cache server, which helps to speed up access to data. After sitting together at the [...]
SEOUL, May 12 (Korea Bizwire) – As Moon Jae-in was sworn into office as the 19th president of South Korea earlier this week, a pledge made during his campaign to scrap what is widely known as minimum phone bill charges has come back into the spotlight, a policy many voters viewed favorably amid a record high [...]
SEOUL, Apr. 21 (Korea Bizwire) — South Korea’s health authorities and the nation’s three mobile carriers launched a collaboration Thursday to monitor and prevent the spread of infectious diseases. Under an agreement between the Korea Centers for Disease Control and Prevention (KCDC) and SK Telecom Co., KT Corp. and LG Uplus Corp., the authorities will [...]
SEOUL, Apr. 4 (Korea Bizwire) — South Korea’s No. 2 mobile carrier KT Corp. on Monday said the company plans to expand ties with U.S. Verizon Communications and jointly demonstrated the world’s first hologram call that can be used on a fifth-generation network. KT said its head Hwang Chang-kyu and his counterpart Lowell McAdam, the [...]
SEOUL, Nov. 8 (Korea Bizwire) – Local telecommunications giant KT launched Tuesday a 360-degree GiGA VR Service for its Olleh TV IPTV service, allowing customers to enjoy VR content on a television without using a VR device. According KT, the service is offered for select VOD programs in full HD, for which viewers can use [...]
SEOUL, Nov. 3 (Korea Bizwire) — KT Corp. and LG Uplus Corp., South Korea’s second- and third-largest mobile carriers, unveiled a deal Thursday to work together on commercializing the Internet of Things (IoT) technology. The IoT technology, which allows everyday appliances to link to the Internet, is seen as one of the major technological developments [...]