SEOUL, May 20 (Korea Bizwire) – As the series of sequential suspension of the top-three telecommunications companies for 45 days (68 days in total) which was the longest in the history of the industry in Korea is finally over, war clouds are gathering in the telecom industry. LG Uplus was back in action on May [...]
SEOUL, May 16 (Korea Bizwire) – An appeals court ruled in favor of the plaintiff SK Telecom in a lawsuit against the Fair Trade Commission over its alleged support to an IT services company within SK Group. The Seoul Appeals Court recently handed a sentence that it is illegal that the commission issued a corrective [...]
SEOUL, May 12 (Korea Bizwire) – SK Telecom decided to raise the retirement age of its employees to 60 from current 58 and introduce a “wage peak system.” SK Telecom recently signed a collective agreement with its trade union on various issues like the extension of the retirement age, wage peak scheme, and expansion of [...]
Seoul, May 8 (Korea Bizwire) – SK Telecom today announced that it has been named Asia’s best mobile carrier for three consecutive years at the Telecom Asia Awards held in Jakarta, Indonesia. The prestigious industry award recognized SK Telecom for its continuous efforts and achievements in the mobile industry. Once again, SK Telecom cemented its [...]
SEOUL, May 7 (Korea Bizwire) – KT, Korea’s No. 2 mobile telecom service operator, has regained most of the subscribers lost to its rivals during its 45-day suspension period. Beginning on April 27 when it was allowed to resume normal business operations, the company has signed up about 90,000 new customers, about two-thirds of the customers lost [...]
SEOUL, May 7 (Korea Bizwire) – SK Telecom will build a full-fledged 3-band LTE-A network. The leading mobile carrier will begin its construction work on LTE base stations from Busan, Gwangju and Seoul utilizing 2.1-GHz band and 10-MHz bandwidths. SK Telecom already established 2.1-GHz LTE base stations for test in Busan area. Those 2.1-GHz LTE stations [...]
SEOUL, Korea, May 2, 2014 (Korea Bizwire) — SK Telecom said on May 1 that it has launched four types of Bluetooth low energy (BLE) solutions and “Wizturn,” a service development platform. BLE beacons are small, low-power Bluetooth transmitters that repeatedly broadcast their presence to other nearby Bluetooth devices. The beacons are suited to organizations [...]
SEOUL, Korea, May 1, 2014 (Korea Bizwire) – Mobile telecommunications service providers reported disappointing earnings performances in the first quarter. A variety of negative factors have contributed to the earnings shortfalls but the most prominent cause seems to be the increase in marketing costs. On April 30, according to the mobile telecom industry, SK Telecom’s [...]
Seoul, Korea, Apr. 30, 2014 (Korea Bizwire) — SK Telecom announced that the company together with Sungshin Woman’s University held an opening ceremony of ‘Smart Class’ in Baku, the capital city of Republic of Azerbaijan. ‘Smart Class’ was set up at the building of ‘WLTY(World League of Turkish Youth)’, a vocational training institution for [...]
SEOUL, Korea, April 29, 2014 (Korea Bizwire)– As KT starts operating alone in Korea’s mobile telecommunications market as the company is the last runner for a series of suspensions ordered by the Ministry of Science, ICT and Future Planning, a big change is expected in the market dynamics. KT seems quite determined to make up [...]