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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 are shifting their focus from the conventional telecom business to new areas of growth, and seeking ...

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 carrier's 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

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 KT's alleged deliberate lowering of internet speeds for subscribers to its 10 Giga service plan. Yonhap By Kim Hyun-bin The country's top telecommunications regulator is set to investigate KT for allegedly intentionally lowering the speed of its 10 Giga (gigabit) internet service plan. The controversy comes after a famous IT YouTuber ...

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 future network expansion, according to Nokia. South Korean telecom operators have recently focused on ...

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 to expand 5G coverage by installing new equipment from Nokia’s comprehensive AirScale portfolio ...