SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s telecommunications giant KT Corp. said Monday it will provide US$450 million worth of network and data center infrastructure to Microsoft Corp. over the next 15 years as part of their partnership for artificial intelligence. The collaboration, which also includes KT’s cloud service unit, KT Cloud Co., follows [...]
SEOUL, Sept. 11 (Korea Bizwire) – With South Korea joining the list of first-wave release countries for the new iPhone, major telecommunications companies are seizing the opportunity to resurrect their offline launch events, abandoned since the iPhone 12 release. This marks a return to aggressive marketing strategies in the competitive smartphone market. Industry sources revealed on [...]
SEOUL, Sept. 10 (Korea Bizwire) – A recent analysis has revealed that South Korean mobile carriers are charging more for LTE (4G) phone plans than for 5G plans, despite offering less data and slower speeds. This pricing strategy has raised concerns about fairness and potential overcharging of consumers. Rep. Choi Su-jin of the People Power Party, [...]
SEOUL, Sept. 4 (Korea Bizwire) — SK Telecom Co., South Korea’s leading telecommunications company, said Wednesday it will join hands with Perplexity, a U.S. artificial intelligence startup, in a bid to transform the global search engine market. In a joint press conference in Seoul, SK Telecom and Perplexity outlined their vision to co-lead the AI [...]
SEOUL, Aug. 26 (Korea Bizwire) – SK Telecom, a leading South Korean telecommunications company, announced on August 26 that it will provide a ‘passkey’ system to businesses as a Software as a Service (SaaS) solution, enabling login and user authentication without passwords. Passkey is a global standard technology that allows authentication and login through public key [...]
SEOUL, Aug. 16 (Korea Bizwire) – South Korean telecom giant KT Corporation has announced a breakthrough in corporate networking technology with its new “lightweight 5G business network” solution. The company revealed on August 15 that this innovation aims to alleviate the burden of infrastructure construction for businesses and public institutions. The 5G business network service is [...]
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 [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s major mobile carrier, said Monday it will join hands with Singapore’s leading telecommunications company, Singtel, to improve their next-generation network technologies as part of efforts to take the helm of the global telco market. Under the memorandum of understanding, SK Telecom and Singtel will [...]
SEOUL, Jun. 12 (Korea Bizwire) — SK Telecom Co. said Wednesday it is hosting a regular meeting of the O-RAN Alliance, a global community of mobile operators for open radio access network (RAN), this week for the first time in South Korea to discuss communications network technologies. The meeting kicked off Monday for a five-day [...]
SEOUL, Jun. 10 (Korea Bizwire) – SK Telecom announced on June 9 that it will hold a lucky draw for 10,000 highly sought-after “gold numbers,” providing customers with the opportunity to own unique and meaningful phone numbers. Gold numbers refer to phone numbers with specific patterns, such as repetitive digits (e.g., 1111, 2200, 3000), numbers where [...]