SK Telecom and Deutsche Telekom sign 5G agreement
Published: 04 Mar. 2019, 20:36
Under the MOU, the two telecom companies will share their techniques on network operations and knowledge on the commercialization of the 5G network. They will also codevelop next-generation technologies and will look over tapping into new markets through the possible establishment of a research and development joint venture company.
“[SK Telecom] is planning to target European network, media and security markets through close collaboration with Deutsche Telekom,” said CEO Park Jung-ho. “With the entrance of 5G generation, we will strengthen our cooperation both within and outside of the country based on SK Telecom’s core technical skills.”
By Jin Min-ji
with the Korea JoongAng Daily
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