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 [...]
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 [...]
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 [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korean telecom operators are divesting their non-core businesses, from baseball to radio communications, amid a shift in the local telecom market toward new tech services. On Tuesday, SK Telecom Co., the country’s largest wireless carrier, said it agreed to sell its baseball franchise SK Wyverns to local retail [...]
SEOUL, Jan. 21 (Korea Bizwire) — With Walt Disney Co.’s flagship streaming service Disney+ soon to hit the South Korean market, telecom operators are speeding up to compete over partnership. The country’s three major mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — have all been reported to be engaged in [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korean mobile carriers are seeking to boost their growing user base on the latest 5G network with the launch of Samsung Electronics Co.’s new flagship Galaxy S21 smartphones. The Galaxy S21 series started taking preorders Friday from Samsung and the country’s three major carriers — SK Telecom Co., [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korean mobile carriers are taking membership benefits online as the coronavirus is resulting in higher consumption in the contact-free market. SK Telecom Co., for one, is introducing various membership benefits to T Membership, the company’s online membership platform, for a series of contact-free modes of consumption including online [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korean mobile carriers are launching cheap payment plans to woo more 5G subscribers amid accelerating user migration to their high-speed 5G networks. LG Uplus Corp. said Tuesday it will release a new monthly data plan, offering 6 gigabytes of data at 5G speeds for 47,000 won (US$43), following [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korean mobile carriers are expected to report improved earnings for the final quarter of 2020 on the back of steady growth in 5G users, analysts said Monday. The combined operating profits of the country’s three major telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. [...]
SEOUL, Dec. 7 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, has the fastest 5G download speed among South Korean mobile carriers, a report showed Monday. The mobile carrier’s median 5G download speed in Seoul stood at 476.5 megabits per second (Mbps), followed by the country’s largest mobile carrier SK Telecom [...]