SEOUL, Jan.20 (Korea Bizwire) –SK Telecom, the No.1 mobile network operator in Korea, is modifying internal policies after it was reported that the company was lowering its clients’ credit ratings by reporting those who didn’t pay their bills to credit rating agencies as defaulters. Unlike SK Telecom, KT and LG U+ don’t report clients as [...]
SEOUL, Jan.11 (Korea Bizwire) – The three big telecom companies in Korea are set to launch various IoT (Internet of Things) services, expanding the market. According to an industry report, nearly 60 home IoT services will be launched during the first half of this year. SK Telecom launched a new brand called Smart Home in [...]
SEOUL, Dec.7 (Korea Bizwire) – SK Telecom announced that it will be launching a special plan for soldiers called ‘Thank you for protecting us’. Any soldier who signs up for the plan can enjoy unlimited calls and data for 2,000 won a day when they are on leave. In addition, 1,000 points, representing half of [...]
SEOUL, May 14 (Korea Bizwire) — As the Korean government has banned monetary incentives to customers buying cell phones, some bizarre stories about illegal offers are circulating around the web. Since all forms of monetary incentives are now illegal, some phone sellers are secretly providing cash support to buyers using secret code, such as 40 [...]
SEOUL, Feb. 3 (Korea Bizwire) – Koreans are on an exodus to the land of MVNO discount phone services, fleeing from mobile network operators such as SKT and KT. According to a report from the Korea Telecommunications Operators Association (KTOA) on February 2, the number of added net subscribers of MVNOs reached 64,500 in January alone, [...]
SEOUL, Jan. 14 (Korea Bizwire) – The number of discount phone users reached more than 7 million in 2015 from 4.6 million in 2014. According to industry experts, the share of mobile virtual network operators (MVNOs) is expected to grow to 12 percent of the total mobile carrier market. Due to the recently modified law on [...]
SEOUL, Sep. 17 (Korea Bizwire) – On December 25, 2044, Jeong Hyun-young, who have been married for 30 years, received a message on the phone, “You’ve got mail from your husband.” Wondering what it is, Ms. Jeong checks the mail and becomes speechless with a video message from her husband a day before their marriage. [...]
Seoul, Korea, Jul. 7 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it signed a MOU with Ericsson, a world leader in communications technology and services, at headquarters of Ericsson in Stockholm, Sweden for joint research for 5G-related technologies. In the MOU, SK Telecom and Ericsson agreed to cooperate in studying and developing core [...]
Seoul, Korea, Jun. 19 (Korea Bizwire) — Samsung Electronics announced the Galaxy S5 Broadband LTE-A, a new smartphone featuring an advanced multimedia experience and the fastest download, web browsing, multimedia streaming and application loading speeds. As the world’s first, commercially available Broadband LTE-A (Cat.6) smartphone, the Samsung Galaxy S5 Broadband LTE-A combines the technological innovations [...]
SEOUL, June 7 (Korea Bizwire) – Facing the limit of growth due to market saturation, the nation’s wireless carriers are seeking for new sources of revenue. SK Telecom, the leading wireless telecom operator in South Korea, is reportedly keen to step up its “appcessories” business. “Smart Beam,” a compact beam projector and its flagship brand [...]