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S. Korea to Begin 5G Service in March: Finance Minister

S. Korea to Begin 5G Service in March: Finance Minister

SEOUL, Feb. 20 (Korea Bizwire) — South Korea’s finance minister said Wednesday that Seoul will become the first country in the world to start commercial operations of fifth-generation mobile network services next month. Hong Nam-ki made the announcement at a meeting with senior officials on innovation-led growth in Seoul. KT Corp., South Korea’s leading wireless [...]

KT Showcases 5G-equipped Trial Bus in Seoul

KT Showcases 5G-equipped Trial Bus in Seoul

SEOUL, Jan. 16 (Korea Bizwire) — KT Corp., South Korea’s biggest Internet service provider, on Wednesday highlighted its capability to deliver fifth-generation (5G) mobile network service with a specially rigged bus in central Seoul. The 10-seater bus allows passengers to experience next-generation technologies, such as virtual reality (VR) and augmented reality (AR), through the 5G [...]

Cisco Spearheads Multi-Vendor Open vRAN Ecosystem Initiative for Mobile Networks

Cisco Spearheads Multi-Vendor Open vRAN Ecosystem Initiative for Mobile Networks

BARCELONA, Spain, Feb. 25 (Korea Bizwire) — Mobile World Congress — Mobile network operators are facing strong pressures to evolve their businesses and operations for profitable growth and differentiation. Explosive demand for bandwidth persists, while ARPU pressures mount due to competition and limited service innovation. Addressing these challenges requires industry innovation focused on delivering new revenue-generating [...]

S. Koreans’ Monthly Smartphone Data Usage Hits 6 GB

S. Koreans’ Monthly Smartphone Data Usage Hits 6 GB

SEOUL, Jun. 5 (Korea Bizwire) — The monthly data consumption of South Koreans using the fourth-evolution network (LTE) surpassed 6 gigabytes for the first time in April, reflecting the rising demand for video streaming and other services in the mobile environment, industry data showed Friday. According to the data compiled by the Ministry of Science, [...]

KT Adopts New Mobile Network Tech that Extends Battery Life

KT Adopts New Mobile Network Tech that Extends Battery Life

SEOUL, April 12 (Korea Bizwire) – KT Corp. said Wednesday it has applied a new technology on its long-term evolution (LTE) networks that allows smartphone users to save battery life.  South Korea’s No. 2 mobile carrier said its research showed the upgrade extended the battery life of Samsung Electronics Co.’s Galaxy S8 smartphone by three [...]

World Telecom Body’s 5G Standard Includes KT’s Own Technology

World Telecom Body’s 5G Standard Includes KT’s Own Technology

SEOUL, Dec. 9 (Korea Bizwire) – The global standard for ultra-fast fifth-generation (5G) mobile networks, which is being developed by the International Telecommunication Union (ITU), includes KT Corp.’s homegrown network management technology, the company said Friday.  The decision to include KT’s technology in the 5G standard was made at a meeting of the ITU in [...]

Samsung Acquires NewNet Communication Technologies

Samsung Acquires NewNet Communication Technologies

SEOUL, Nov. 16 (Korea Bizwire) – Samsung Electronics Co., the world’s largest electronics maker, said Wednesday it has acquired NewNet Communication Technologies Inc. of Canada to bolster its mobile network service.  NewNet Communication, based in Halifax, Nova Scotia, operates Rich Communications Services (RCS), an advanced messaging system for cell phones.  Samsung said the acquisition reinforces [...]