Gov’t Revokes License of New Mobile Carrier Stage X over Funding Questions

SEOUL, Jul. 31 (Korea Bizwire) — The government said Wednesday it has revoked the license of Stage X as the country’s fourth mobile carrier due to the company’s failure to secure paid-in capital and meet other requirements. Stage X, a consortium comprising mobile virtual network operator Stage Five and other partners, secured the 28 gigahertz [...]

Stage X Picked as New Mobile Carrier in S. Korea

SEOUL, Jan. 31 (Korea Bizwire) — A local consortium was selected as the new operator of the 28 gigahertz (GHz) band of the fifth-generation network (5G) in South Korea on Wednesday, the science ministry said, becoming the country’s fourth mobile carrier. Stage X, a consortium of Stage Five, a communications affiliate of tech giant Kakao [...]