SEOUL, Dec. 1 (Korea Bizwire) — South Korean mobile carriers are merging their tech subsidiaries and consolidating new businesses to boost synergy as they search for new growth drivers beyond their telecommunication operations. Telecom giant KT Corp. announced it will merge its digital content distribution and television commerce subsidiary KT Hitel Co. and its mobile [...]
SEOUL, Nov. 26 (Korea Bizwire) — South Korean telecom operators are targeting wider market penetration of cloud gaming services by expanding availability, industry officials said Thursday, amid strong demand from mobile gamers. The country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — have in recent months opened up their [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s three major mobile carriers have asked the government to disclose the information concerning the pricing of the frequency reallocation for the 3G and Long-Term-Evolution (LTE) networks. The telecom companies and the government have been locked in an impasse over the reallocation costs of 3G-LTE frequencies that are [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s three major telecom operators on Tuesday called on the government to hold an auction to redistribute their network spectrum set to expire next year amid controversy over prices. Spectrum for 2G, 3G and 4G LTE networks held by the three — SK Telecom Co., KT Corp. and [...]
SEOUL, Oct. 21 (Korea Bizwire) — As the business appetite for cloud and remote work services grows amid the pandemic, South Korean telecom operators are expanding artificial intelligence (AI) services to help companies cope with the shift to new technologies. While the country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus [...]
SEOUL, Oct. 2 (Korea Bizwire) — South Korean mobile carriers are tipped to post improved earnings in the third quarter this year on the back of increased 5G subscribers, analysts said Friday. The combined operating profits of the country’s three major telecom operators — SK Telecom Co., KT Corp. and LG Uplus Corp. — are [...]
SEOUL, Sept. 22 (Korea Bizwire) — As the global transport sector braces for future mobility services like flying taxis, South Korean telecom operators are strengthening partnerships with both auto giants and startups alike to join the industry shift. Major local carriers have emerged as key players in the transport shake-up as network infrastructure and technology [...]
SEOUL, Sept. 14 (Korea Bizwire) — South Korean mobile carriers are racing to develop digital health care services, industry officials said Monday, as demand for remote personalized services grows amid the pandemic. The country’s three major carriers — SK Telecom Co., KT Corp., and LG Uplus Corp. — have recently joined hands with local health [...]
SEOUL, Sept. 14 (Korea Bizwire) — As the coronavirus continues to rage on, mobile carriers are scrambling to launch so-called ‘untact’ O4O (online-for-offline) platforms. In July, South Korea’s top mobile carrier SK Telecom Co. launched ‘T-world Friends’, a web page dedicated to logistics network management for affiliated stores struggling with a recent plunge in revenue. [...]
SEOUL, July 8 (Korea Bizwire) — South Korea’s telecommunications regulator said Wednesday it imposed a record fine of 51.2 billion won (US$46.7 million) on the country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — for providing illegal subsidies to subscribers to their 5G network services. SK Telecom will face [...]