Stage X, an upcoming entry into Korea’s telecom industry, will pour 612.8 billion won ($461.6 million) into building its “real 5G” network infrastructure, its CEO said Wednesday.
Stage X, backed by Kakao affiliate Stage Five, will become Korea's fourth major mobile carrier.
Newly created enthusiasm for the extended reality (XR) market spurred by Apple's Vision Pro could lead to a surge in demand for advanced networks.
To stay in the lead, Korea must continue to churn out more advanced chips. Korea can only run faster when it beats the competition.
Achieving net zero remains a challenge for the communication service industry as data traffic continues to grow.
The mobile virtual network operator (MVNO) service — which provides cheaper subscription plans using existing networks of major carriers — is fast expanding its presence in the market.
The financial watchdog imposed a combined 33.6-billion-won ($25.5 million) penalty and corrective orders on the country’s three largest telecom operators Wednesday for their misleading advertisements regarding 5G network speeds.
SK Telecom saw a 37.3 percent on-year increase in net profit to 302.5 billion won ($228.4 million) for the first quarter.
Saudi Arabia's Aramco signed a memorandum of understanding (MOU) with Samsung Electronics to localize industrial 5G communication networks and facilitate digital transformation.
SK Telecom will introduce new mid-range 5G subscription plans tailored for different customer groups, the company said Thursday.
Korea JoongAng Daily Sitemap