YOU ARE AT:TagsKT Corp

BROWSING: KT Corp

Korean carriers, government create task force to boost 5G in rural regions

  South Korea's three mobile operators and the government launched a task force with the main aim of helping expand 5G coverage into rural areas of the country, local news agency Yonhap reported. The task force has the main goal of allowing roaming network sharing among...

KT to develop in-flight VR entertainment service

The in-flight VR service will begin with international routes before the end of this year While many of us still remain earthbound, unable or unwilling to board a plane, South Korea’s largest telecom company, KT, is making plans to develop an in-flight virtual reality (VR)...

Korea’s KT on track to reach 3.5 million 5G customers by end-2020: CFO

  Korean carrier KT expressed confidence in achieving the target of closing 2020 with 3.5 million 5G subscribers. On an earnings call, CFO Yoon Kyung-keun said that the 5G subscribers goal would be achieved due to the launch of new 5G-enabled devices including the Galaxy Note...

South Korea’s 5G download speed averages 656.6 Mbps: Report

  5G networks in South Korea are currently showing poorer results than initially expected, with their download speeds and connection far lower than what telecom operators have initially claimed, Korean press reported, citing an assessment report carried out by the government. South Korea was the first...

Korean carriers to share 5G infra in small towns: Report

  South Korea’s three major mobile operators aim to share 5G base stations in smaller administrative districts across the country to save costs and improve coverage, Korean press reported, citing government and industry sources. SK Telecom, KT, and LG Plus will set up a consultative body...

South Korean operators to invest $22 billion in 5G networks by 2022

  Korean mobile operators SK Telecom, KT and LG Uplus have agreed to invest a total of KRW 25.7 trillion ($22 billion) through 2022 to boost 5G infrastructure across the country, local press reported. The carriers announced this investment following a meeting with Science and ICT...

South Korea nears 7 million 5G subscribers

Korean operators launched 5G in April 2019 South Korea ended May with almost 6.9 million subscribers in the 5G segment, Korean press reported citing official data. The number of 5G customers in the Asian nation increased by 536,997 in May compared to the previous month, exceeding...

LG Uplus leads Korea 5G speed ranking

  LG Uplus emerged as the leading operator in South Korea in terms of 5G download rates, according to a report by Opensignal. LG Uplus recorded an average of 237.2 Mb/s compared with 220.4 Mb/s at SK Telecom (SKT) and 214.8 Mb/s for KT. “While users on...

Korea’s LG Uplus completes key tests for 5G SA launch

  South Korean carrier LG Uplus completed tests of core technologies supporting voice service running on a standalone (SA) 5G network as the carrier expects to launch 5G based on SA architecture later this year. In a statement, the operator said the tests verified the performance...

Korea Telecom buys into Hyundai Heavy Industries for smart factory robotics

South Korean carrier Korea Telecom (KT) is to acquire a 10 percent stake in the robotics unit of compatriot shipbuilding giant Hyundai Heavy Industries Group to enhance its competitiveness in smart factory and robot solutions, Korean news agency Yonhap has reported. KT said it will...

Korea’s KT adds 360,000 5G subscribers in Q1

  South Korean operator KT added 360,000 5G subscribers in the first quarter of the year, the telco said in its earnings statement. The carrier, which launched commercial 5G services in April 2019, ended Q1 with a total of 1.78 million 5G customers. “Since the launch of...

Korean telcos aim to launch mmWave 5G network in 2020: Report

  Korea’s main telecom operators expect to commercialize an ultrafast mmWave 5G network this year, The Korea Herald reported, citing industry sources. According to the report, the mmWave 5G service will be initially available for the business-to-business segment. Operators have not yet finalized investment plans for...

South Korea reaches 5G penetration of nearly 10%: Report

  South Korea reached 5.77 million 5G subscribers at the beginning of April, Korean press reported, citing data from the country’s Ministry of Science and ICT. According to this figure, Korea reached a 5G penetration of 9.67%, representing the highest penetration rate around the globe. In...

Korean operators to invest $3.4 billion in 5G infra in H1 2020: Report

  South Korea’s Ministry of Science and ICT said that the country's three major telecom carriers, SK Telecom, KT and LG Uplus, have agreed to invest KRW 4 trillion ($3.4 billion) in their 5G networks during the first half of this year, The Korea Times...

Four giant global operators form edge computing partnership

Telefónica, KT, China Unicom and Telstra have all signed an edge Muti-Operator Multiaccess Edge Computing agreement Telecom giants Telefónica, KT, China Unicom and Telstra have entered an agreement to collaborate on the Muti-Operator Multiaccess Edge Computing (MEC) Experience. The collaboration is part of the GSMA...

SK Telecom targets 6-7 million 5G subscribers by end-2020: CFO

  South Korean mobile operator SK Telecom expects to reach 6-7 million subscribers in the 5G segment by the end of 2020, the company’s CFO, Poong-Young Yoon, said durin a conference call with investors. At the end of last year, the operator reached 2.08 million 5G...

Four ways 5G is transforming the medical field

From farming to gaming to driving to work, 5G is promising to be a ubiquitous force There doesn't seem to be a single vertical that isn't being transformed by the next generation of cellular technology. From farming to gaming to driving to work, 5G is...

South Korea sees lower demand for 5G subscriptions: Report

  South Korea ended November 2019 with 4.35 million subscribers in the 5G segment, but demand for the technology is currently experiencing a deceleration period, Korean press reported, citing government data. After an initial accelerated demand for 5G, subscriber growth rates fell to 9.3% on a...

Getting 5G right: Lessons learned from South Korea (Reader Forum)

South Korea was the first country to commercially launch a nationwide 5G network in April 2019, a feat made possible when all three of the mobile network operators in the country simultaneously switched on 5G. As we approach the first anniversary of that milestone...

KT, Ubitus to launch 5G cloud gaming service in Korea

KT hopes the 5G cloud gaming service will encourage more users to subscribe to its 5G network KT has announced plans to work with cloud gaming specialist Ubitus to bring its gaming service — aptly named 5G Streaming Game — exclusively to its 5G customers...

South Korea to reach 5 million 5G subscribers by end-December

  South Korea expects to reach 5 million subscribers in the 5G segment by the end of the year, Korean news service Yonhap reported, citing government data. Almost 4 million South Koreans had subscribed to 5G as of the end of October, adding 516,000 from the...

Korean government urges telcos to expand 5G infrastructure

5G seeing a strong take rate in Korea with 4M subs South Korea’s government urged local telecom carriers to expand their 5G networks across the country, Korean press reported. During a meeting with representatives of local operators SK Telecom, KT Corp. ad LG Uplus, officials from...

KT targets 1.5 million 5G subscribers by year end: CFO

  South Korean mobile operator KT expects to end this year with a total of 1.5 million subscribers in the 5G segment, the operator’s CFO Yoon Kyung-keun said during a conference call with investors. According to KT’s latest earnings report, the telco ended the third quarter...

Ericsson secures third 5G contract in South Korea

LG U+ taps Ericsson as RAN vendor for NSA 5G network Ericsson has been selected by Korean communication service provider LG U+ as a 5G radio access network (RAN) vendor for its 3.5 GHz Non-Standalone (NSA) 5G network, the Swedish vendor said in a statement. Ericsson...