KT does a further deal with Rwanda’s governmentKT, a leading mobile carrier, said yesterday it signed a memorandum of understanding with the Rwandan government to form a joint venture for establishing a fourth-generation long-term evolution (LTE) connectivity.
Through the joint venture, KT will transfer its LTE technology to mobile service operators in the African country.
“The joint venture is a big opportunity for both KT and the Rwandan government,” said Kim Hong-jin, president of Global & Enterprise division at KT.
“It will pave way for Rwanda to create jobs and achieve social and economic development and for KT to contribute to propelling the African partner to the hub of information and communication technology [ICT] in eastern Africa, further extending the business model to neighboring countries.”
KT has been involved in diverse ICT projects in Rwanda. It constructed a wireless broadband system there in 2007, a national backbone network in 2008 and nationwide optical fiber cable network in 2010.
Last December, KT and the state-run Korea Information Security Agency clinched an information security business deal with the nation.
More in Industry
Work at home is not as easy as it sounds, ministry says
[NEWS IN FOCUS] Spotify is still almost here, and seems to be getting closer
Korea Inc. calls on Suga to relax border restrictions
House-bound consumers awaken a sleeping industry