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SKT, KT, LG going all-out to boost corporate value

Posted : 2021-05-04 16:33 Updated : 2021-05-04 17:48 From left: SK Telecom CEO Park Jung-ho, KT CEO Ku Hyeon-mo, LG Uplus CEO Hwang Hyeon-sik / Korea Times file By Kim Bo-eun Mobile carriers are going all-out to boost their corporate value and cut their heavy dependence on the already-saturated and not-so-lucrative, conventional telecom-centric businesses. The central point for these moves is aimed at appealing to investors, as telecom stocks have remained lackluster for the past years. They ...
Kim Bo Eun Ku Hyeon Mo Hwang Hyeon Sik Sk Group Sk Telecom Park Jung Ho

Partnership on digital business

Partnership on digital business Updated : 2021-04-25 16:48 Executives of LG Uplus and Hana Financial Group pose after signing an agreement at the mobile carriers headquarters in central Seoul, Friday, to cooperate in the development of digital-based products and services. From left are Hana Card Executive Director Lee Suk, Hana Card Senior Managing Director Kim Sung-joo, LG Uplus Senior Managing Director Im Kyung-hoon and LG Uplus Vice President Kim Nam-su. Courtesy of LG Uplus
Soult Ukpyolsi South Korea Lee Suk Kim Nam Su Hana Financial Group Hana Card Executive Director Lee Suk

Telecom regulator to probe KT over internet speed controversy

Telecom regulator to probe KT over internet speed controversy Posted : 2021-04-23 15:54 Updated : 2021-04-23 15:56 Kim Hyun, vice chairwoman of the Korea Communications Commission answers questions from lawmakers at the National Assembly, Thursday, regarding KTs alleged deliberate lowering of internet speeds for subscribers to its 10 Giga service plan. Yonhap By Kim Hyun-bin The countrys top telecommunications regulator is set to investigate KT for allegedly intentionally lowering the speed ...
Soult Ukpyolsi South Korea Ku Hyeon Mo Kim Hyun National Assembly Korea Communications Commission

Nokia joins LG Uplus to install indoor 5G equipment in South Korea

Nokia, a Finnish telecom equipment giant, said on Monday it has signed an agreement with South Korean mobile carrier LG Uplus to install its next-generation indoor 5G equipment in the country. Nokia said it will deploy its small cell AirScale Indoor systems in indoor locations across the country, including shopping malls and office buildings, for LG Uplus 5G network. The system allows seamless 5G connectivity between indoor and outdoor locations and can be easily upgraded to accommodate futu...
South Korea South Korean Samsung Electronics Co China Huawei Technologies Co Airscale Indoor Huawei Technologies

iTWire - Nokia to deploy indoor 5G small cells solutions with LG Uplus in South Korea

iTWire Tuesday, 20 April 2021 00:05 Nokia to deploy indoor 5G small cells solutions with LG Uplus in South Korea Shares Nokia will expand and enhance LG Uplus’ 5G network, enabling what it says will be "seamless 5G connectivity between indoor and outdoor locations", with Nokia’s AirScale indoor solution to be deployed flexibly and upgraded easily, with the deal continuing the long-standing partnership between the two companies. Nokia has announced an agreement with LG Uplus�...
South Korea Daehee Kim Nokia Airscale Head Of Network Infra Technology Group Airscale Indoor Digital Baseband
Source: itwire.com

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LG partners major telecom operator in home-country to develop AI services

LG Electronics said on Tuesday that it plans to develop cross-platform artificial intelligence (AI)-powered services with KT Corp, South Koreas major telecom operator, to expand use of its human-like algorithm. A day after announcing to wind up its mobile business, LG sais it plans to commercialise services that support AI platforms from both companies after developing a joint interface. The two companies recently verified compatibility between LGs ThinQ and KTs GiGA Genie AI platforms. The ...
South Korea South Korean Lg Uplus Corp Ai One Team Kt Corp Hyundai Heavy Industries Group

KT, LG Uplus considering legal action over music copyright fee hike

KT, LG Uplus considering legal action over music copyright fee hike Posted : 2021-02-19 15:44 By Kim Bo-eun Telecom firms KT and LG Uplus are reviewing possible legal action against the Ministry of Culture, Sports and Tourism, which approved rules hiking fees for content involving music copyrights. KT operates the over-the-top (OTT) service Seezn, while LG Uplus runs U+Mobile tv. This development comes after local OTT service providers launched a collective suit over the newly added rule out...
Soult Ukpyolsi South Korea Kim Bo Eun Heo Seung Korea Music Copyright Association Ministry Of Culture

5G: South Korean telcos pin hope on further 5G adoption this year - Latest News

South Korean telcos pin hope on further 5G adoption this year The country ended last year with a total 11.85 million 5G subscribers, with SK Telecom Co., the countrys largest wireless carrier, leading the pack with 5.48 million users, followed by KT Corp. at 3.62 million and LG Uplus Corp. at 2.75 million, according to ICT ministry data.IANS | Feb 16, 2021, 12:11AM IST Seoul: South Korean mobile carriers are aiming for mass user migration to 5G networks this year after failing to meet their sub...
Soult Ukpyolsi South Korea South Korean Lg Uplus Corp Kt Corp Sk Telecom

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