SEOUL, Apr. 24 (Korea Bizwire) — South Korea’s telecommunication companies said Wednesday they will redouble efforts to expand coverage of ultrahigh-speed 5G networks throughout the country and address related complaints by consumers. South Korea was the first country in the world to launch full-fledged 5G services on April 3, which provide super fast connection speeds, [...]
SEOUL, Jan. 9 (Korea Bizwire) — Android smartphone makers are poised to launch 5G-based models in 2019, but the production volume is only expected to reach 5 million units this year, a report predicted Wednesday. Major smartphone makers, such as Samsung Electronics Co. and Huawei, have actively invested in the development of 5G devices to [...]
SEOUL, Jan. 2 (Korea Bizwire) — The number of South Koreans who switched their mobile carriers reached a 13-year low in 2018 due to weaker subsidy competition, industry data showed Wednesday. The country’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — and budget carriers posted a combined 5.67 million [...]
SEOUL, Nov. 23 (Korea Bizwire) — One out of two mobile customers in South Korea say their mobile plan is too expensive. Rep. Kim Kyung-jin, member of the Committee on Science Technology, Broadcasting, and Communication at the National Assembly, conducted an online study to gauge the perception of current mobile plans. In the study, 50 [...]
SEOUL, Oct. 2 (Korea Bizwire) – The number of people newly subscribing to the country’s three mobile operators after quitting low-cost mobile carriers exceeded 490,000 this year, industry data showed Tuesday. According to the data by the Korea Telecommunications Operators Association (KTOA), a total of 494,345 people left plans provided by budget carriers and switched [...]
SEOUL, Aug. 29 (Korea Bizwire) — KT Corp. said Wednesday it has partnered with the U.S. chip giant Intel Corp. to develop an ecosystem for high-end fifth-generation (5G) technology. South Korea’s No. 2 mobile carrier will cooperate in delivering innovative solutions for 5G with a foundation of Intel architecture, according to the company’s press release. [...]
SEOUL, Jun. 14 (Korea Bizwire) — The starting price of South Korea’s first auction for high-end fifth-generation network frequencies scheduled for this week is expected to be set at around 3.3 trillion won (US$3 billion), industry insiders said Thursday. The Ministry of Science and ICT said the country’s three mobile carriers — SK Telecom Co., [...]
GAITHERSBURG, Md., Feb. 6 (Korea Bizwire) — More than half (51%) of businesses are expected to adopt cloud Unified Communications (UCaaS/Hosted PBX) by 2020, surpassing premise-based PBX as businesses of all sizes shift to the cloud for unified communications, team collaboration and contact center services, according to the 2nd Annual BroadSoft, Inc. (NASDAQ:BSFT) survey of [...]
SEOUL, Sept. 27 (Korea Bizwire) – South Korea’s three mobile carriers are estimated to have posted an improved ratio of operating income to total revenue in the third quarter, industry sources said Sunday, as the firms reduced marketing expenditures. The combined sales posted by SK Telecom Co., KT Corp. and LG Uplus Corp. are estimated [...]
SEOUL, Sept. 10 (Korea Bizwire)–The number of SK Telecom customers that selected a 20 percent discount for their monthly charges instead of financial support for a new device has exceeded one million. The ‘Discount Equal to Financial Support’ is a system that provides a discount on communications fees for new customers who don’t receive financial [...]