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 […]

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 […]

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 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, 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 […]

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.