S. KOREA SAW AN INCREASE IN 5G USERS BY 14 MILLION IN APRIL

Highlights –

• S. Korea saw an increase in 5G users by 14 million in April.
• SK Telecom Co. reported the most 5G subscribers at 6.74 million in April.
• 4G subscriptions declined to stand at 51.18 million in April.
• Some unsatisf...

SEVERAL S. KOREAN TELECOM COMPANY’S ESTIMATE PROFIT IN Q1

Highlights –

• Several S. Korean telecom company’s estimate profit in Q1.
• SK Telecom Co., KT Corp. and LG Uplus Corp. are expected to have a profit of US$863.3 million.
• KT Corp. is expected to have logged 386.3 billion won in oper...

S. KOREAN TELECOM COMPANIES TO PUSH SUSTAINABLE ENERGY PROJECTS

Highlights –

• S. Korean telecom companies to push sustainable energy projects.
• SK Telecom Co. signed a deal with KEPCO to be supplied with 44.6-gigawatt hours of renewable energy.
• LG Uplus Corp. is also planning to double its efforts i...

S. KOREA OFFERS FREE VIDEO CALLS DURING THE LUNAR NEW YEAR HOLIDAY

Highlights –

• S. Korea offers free video calls during the Lunar New Year holiday.
• The ICT ministry gave the order to encourage virtual family meetings amid pandemic.
• SK Telecom Co., KT Corp., and LG Uplus Corp. agreed to not charge fo...

S. KOREAN TELECOM COMPANIES TO EXPAND SERVICES WITH AI TECHNOLOGY

Highlights –

• S. Korean telecom companies to expand services with AI technology.
• KT Corp. will work with Hyundai Home Shopping Network Corp. to establish an AI call center.
• SK Telecom Co. has commercialized a cloud-based customer conta...

LG UPLUS CORP. REPORTS NET LOSS IN Q4 2020

Highlights –

• LG Uplus Corp., reports net loss in Q4 2020.
• The company’s net loss stood at $201.7 million in October-December period.
• Its operating income reached 175.5 billion won, down to 3.7 percent.
• The company had...

S. KOREAN LG UPLUS CORP. TO STOP 2G SERVICES BY THE END OF JUNE 2021

Highlights –

• S. Korean LG Uplus Corp. to stop 2G services by the end of June 2021.
• The telecom operator has submitted its application to the government.
• The country’s telecom operator SK Telecom Co. had shut down its 2G services...

SPECTRUM PRICE WAR BETWEEN GOVERNMENT AND MOBILE CARRIERS

• South Korea's three principal telecom operators on Tuesday appealed to the government to hold an auction to reallocate their network spectrum set to expire next year amid controversy over prices.
• Spectrum for 2G, 3G and 4G LTE networks held by the three chief carriers -- SK...

VIDEO CONFERENCING REDEFINING COMMUNICATION PROTOCOLS IN BUSINESS HOUSES

• South Korean telecom companies are shoring up plans to enhance their videoconference capabilities.
• In order to meet rising demand amid the COVID-19 pandemic, it has boosted a telework model here, industry insiders said Monday.

Global videoconference an...

SOUTH KOREA TO HAVE 7 MILLION 5G SUBSCRIBERS SOON

HIGHLIGHTS

• In APR 2019, 5G internet technology started in South Korea.
• One year later, there were 6.9 Million 5G subscribers in South Korea.

In APR 2019, South Korea witnessed the launch of 5G internet technology. In MAY 2020, South ...

SOUTH KOREAN MOBILE SERVICE PROVIDER CANCELS LAUNCH EVENT FOR GALAXY S20

Highlights –

• Top South Korean service provider cancels mobile phone launch
• COVID-19 fear leading to cancellations
• Pre orders of Galaxy S20 from February 20 – 26.

South Korea’s top mobile phone operators SK Telecom Co. and...