KT signs partnership with Taiwanese telco on 5G services
SEOUL, April 8 (Yonhap) -- KT Corp., a major South Korean telecommunications firm, said Wednesday it has a signed a partnership with a Taiwanese telecoms operator on 5G services and digital content development.
Under a memorandum of understanding (MOU) with Far EasTone Telecommunications Co. (FET), KT will collaborate in developing 5G-related solutions.
FET, an affiliate of Taiwan's major conglomerate Far Eastern Group, said the business cooperation will help the company become a market leader in 5G services.
"Through extensive cooperation with KT, we at FET aim to upgrade some 20 percent of our existing LTE subscribers to 5G within this year," FET Executive Vice President T. Y. Yin said.
Meanwhile, KT said the MOU was signed online Tuesday via Engage, its virtual meeting platform.
kdon@yna.co.kr
(END)
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
Ateez to drop new Japanese EP next week
-
(2nd LD) BTS wins three Billboard Music Awards, marking 6th year to win an award
-
Crypto investor probed over allegedly visiting house of Terraform's CEO
-
(2nd LD) N. Korea still unresponsive to S. Korea's outreach for talks on COVID-19: official
-
S. Korea to resume issuing short-term travel visas, e-visas next month
-
(5th LD) Yoon, Biden agree to expand joint military exercises to cope with N.K. threats
-
(LEAD) Yoon, PPP lawmakers travel to Gwangju en masse to commemorate 1980 democracy uprising
-
(LEAD) At least 8 injured in S-Oil refinery explosion in Ulsan: firefighters
-
(LEAD) Biden set to arrive in S. Korea for first summit with Yoon
-
U.S. not considering adding S. Korea to Quad: official
-
Chinese people purchase nearly 7,000 buildings in S. Korea in 2021
-
Biden says he and Yoon 'married up'
-
(2nd LD) Yoon, Biden tout alliance during visit to Air Force operations center
-
With historic Golden Boot, Son Heung-min cements case as greatest S. Korean footballer ever