Ant Financial Services Group, a small and micro financial services company under Alibaba Group, announced that they will cooperate with many companies, including Korea Telecom, to set up an Internet bank named K Bank in South Korea. The construction preparation of this bank was approved by the South Korean government. On the completion of the […]
Carriers From China, Japan, South Korea To Enhance 5G Cooperation
08 March 2015
During the Strategic Cooperation Framework Agreement conference held in Barcelona, mobile communications carriers from China, Japan and South Korea, including China Mobile, NTT DoCoMo and KT, released a joint plan to enhance 5G technical cooperation. Taking the opportunity of Mobile World Congress 2015, the Strategic Cooperation Framework Agreement conference was initiated by KT. The joint […]
Three Korean Carriers Team With Huawei For 5G Development
05 December 2014
Huawei's product and solution CTO Li Sanqi revealed that the company has reached a close cooperation with three major South Korean telecom companies, SK Telecom, KT, and LG Uplus, for the research and development of fifth-generation network services. During the closing ceremony of Startup Nations Summit 2014 held in Seoul, Li said that Huawei will […]
China Mobile Teams With South Korea's KT For 4G International Roaming Services
07 March 2014
China Mobile and South Korea's KT formally announced the launch of 4G international roaming services covering data roaming and voice roaming. The international data roaming service can provide 4G high-speed data experience to users of both parties when they visit each other's country. The international voice roaming service currently adopts the mainstream CSFB technology and […]
China Mobile, NTT DoCoMo, Korea Telecom Launch Global NFC Roaming Service
05 March 2013
China Mobile, Japan's NTT DoCoMo, and South Korea's Korea Telecom announced that the three parties have reached an agreement for a series of mobile phone services, aiming to realize cross-border payment services with the near-field communication function on mobile phones. Under the agreement, users are able to use cross-border payments, ticket purchases, discount coupon collections […]
Trans-Pacific Express Nears Completion
24 March 2008
Verizon Business announced that it is working closely with its Asian partners to activate the U.S.-mainland China portion of the Trans-Pacific Express submarine cable in July.