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Mobile Carriers Eye Subscription Services as New Cash Cow

Mobile Carriers Eye Subscription Services as New Cash Cow

SEOUL, July 13 (Korea Bizwire) — The subscription economy is emerging as a new growth engine for South Korea’s major mobile carriers, which are embracing post-telecommunications strategies. This move reflects their desire to connect the benefits of the membership that they have long established with subscription services. Among the nation’s big three telecom operators, SK [...]

No. of Base Stations Drops Despite Mobile Carriers’ Pledge to Expand Investment

No. of Base Stations Drops Despite Mobile Carriers’ Pledge to Expand Investment

SEOUL, May 7 (Korea Bizwire) — South Korea’s telecom operators have vowed to expand investment, presenting a rosy blueprint for the 5G era. Nonetheless, the number of base stations in the country has started to decline for the first time since 2012, data showed Thursday. According to the Korea Communications Agency, the number of wireless [...]

Mobile Carriers Boost Efforts in Sustainable Energy

Mobile Carriers Boost Efforts in Sustainable Energy

SEOUL, Feb. 28 (Korea Bizwire) — South Korean telecom companies are stepping up efforts in sustainable energy projects, as they join the country’s broader push for renewable energy and commit more to environmental, social and corporate governance (ESG) initiatives. Last Monday, top mobile carrier SK Telecom Co. said it signed a deal with state-backed utility [...]

Telcos Pin Hope on Further 5G Adoption This Year

Telcos Pin Hope on Further 5G Adoption This Year

SEOUL, Feb. 14 (Korea Bizwire) — South Korean mobile carriers are aiming for mass user migration to 5G networks this year after failing to meet their subscriber targets in 2020 amid the pandemic. The country ended last year with a total 11.85 million 5G subscribers, with SK Telecom Co., the country’s largest wireless carrier, leading [...]

AI Takes Center Stage in Telcos’ Tech Drive

AI Takes Center Stage in Telcos’ Tech Drive

SEOUL, Feb. 7 (Korea Bizwire) — South Korean mobile carriers are expanding services integrated with artificial intelligence (AI) technology as they shift focus from telecommunications to find new growth drivers. Last week telecom giant KT Corp. joined hands with Hyundai Home Shopping Network Corp. to establish an AI call center at the retail company’s headquarters [...]

Telcos Likely to Offer Teleconferencing for Free During Lunar New Year amid Pandemic

Telcos Likely to Offer Teleconferencing for Free During Lunar New Year amid Pandemic

SEOUL, Feb. 3 (Korea Bizwire) – South Korean mobile carriers will likely provide videoconference services for free during the upcoming Lunar New Year holiday, according to industry officials Wednesday, as in-person contact is limited to curb the spread of the new coronavirus. The Ministry of Science and ICT and the country’s three major telecom operators [...]

Mobile Carriers Push for Online Platforms, Unmanned Stores amid Pandemic

Mobile Carriers Push for Online Platforms, Unmanned Stores amid Pandemic

SEOUL, Jan. 28 (Korea Bizwire) — South Korean mobile carriers are launching unmanned stores and expanding their online retail platforms as the COVID-19 pandemic limits in-person contact and accelerates the use of virtual services. KT Corp. said Thursday it launched its first unmanned store equipped with digital kiosks for customers to buy phones and switch [...]