Search result for SK Telecom
S. KOREA SK TELECOM TO CANCEL 8.69 MILLION TREASURY SHARES
Highlights –
- S. Korea SK Telecom to cancel 8.69 million treasury shares.
- The company plans to cancel the shares in a move to boost shareholder value.
- The cancellation reduces its total issued stocks from 80.75 million to 72.06 million...
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...
TAXI HAILING T MAP MOBILITY TO ISSUE NEW SHARES WORTH $357.3 MILLION
Highlights –
- Taxi hailing T Map Mobility to issue new shares worth $357.3 million.
- The shares will then be allocated to two private equity funds (PEFs).
- T Map Mobility’s move comes as it plans to compete with Kakao Mobility.
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 VIDEO STREAMING COMPANY WAVVE TO INVEST $882.7 BILLION IN CONTENT
Highlights –
- S. Korean video streaming company Wavve to invest $882.7 billion in content.
- Wavve will enter in a JV with SK Telecom, KBS, MBC, and SBS to produce original content.
- SK Telecom will invest in the JV by issuing 100 billion...
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...
SPOTIFY - KAKAO M’S LICENSE DEAL EXPIRES; MAJOR K-POP ARTISTS’ SONGS REMOVED
Highlights –
- Spotify – Kakao M’s license deal expires; major k-pop artists’ songs removed.
- Major South Korean artists’ including IU and Apink songs removed.
- Spotify is said to have faced heated competition agai...
S. KOREA’S APP MARKET ONE STORE GAINS POPULARITY
Highlights –
- S. Korea’s app market ONE store gains popularity.
- The app store is said to be an alternative to Google’s Play store.
- The app market is a subsidiary of wireless carrier SK Telecom Co.
- Google’s ...
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...
FACEBOOK’S OCULUS QUEST 2 VR DEVICE TO BE LAUNCHED BY SK TELECOM CO. IN S. KOREA
Highlights –
- Facebook’s Oculus Quest 2 VR device to be launched by SK Telecom Co. in S. Korea.
- The company is set to offer the device in the country on Tuesday.
- The device will support games co-developed by SK Telecom.
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...
KOREAN NEW DEAL ENTHUSES W 500 BILLION INFUSIONS INTO AI AND BIG DATA PROJECTS
- The Ministry of Science and ICT declared Wednesday that it would infuse 499 billion won ($420.6 million) of associated budget this year to bolster artificial intelligence AI and big data-powered businesses as part of the Korean New Deal.
- The budget will be provided to a bevy of...
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 ...
AI MONITORING LONELY ELDERS IN SOUTH KOREA
HIGHLIGHTS
- An artificial intelligence (AI)–equipped system is being developed to monitor senior citizens.
- The system observes the behavior of senior citizens who are using search words related to loneliness and insecurity.
- Many AI-equ...
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...
South Korea’s CES 2020 witnesses participation from leading mobile carriers
New business opportunities are sought by South Korean mobile carriers-SK Telecom and LG Uplus at the upcoming Consumer Electronics Show 2020 which is to take place in Las Vegas on 7 Jan.
In its dedicated pavilion, the group will allegedly introduce its latest technologies, especially th...