South Korea’s SK Telecom Market Share Falls below 50%

SK Telecom According to a report about the evaluation of the telecom market competition situation in 2016 released by the Korea Information Society Development Institute (KISDI) on Feb. 14, SK Telecom, the nation’s No. 1 mobile carrier, saw its market share fall below 50%. SK Telecom held the highest share of 44.5 percent in the

Earnings of CJ Cheiljedang and CJ HelloVision expected to improve in 2017

CJ HelloVision CJ Group’s key unit CJ Cheiljedang Corp. and cable channels operating arm CJ HelloVision Co. are expected to see their earnings recover this year after they disappointed the market with poor performance last year due to falling prices of core products and a one-off cost. The food manufacturing unit of the group, CJ

SK Telecom Demonstrated Federated Network Slicing for Int’l Roaming of 5G Services

SK Telecom SK Telecom announced on February 15 that it developed federated network slicing, one of the most important techniques for the realization of 5G communication networks, for the first time in the world in cooperation with Deutsche Telekom and Ericsson and succeeded in demonstrating the technology. During the demonstration of the technology on February

Study by the Green Consumer Network finds Cell Phone Bills Burden South Koreans

Study, Green Consumer Network A study conducted by the Green Consumer Network in Korea and Democratic Party of Korea lawmaker Park Hong-keun revealed that 75.3 percent of South Korean adults (1,000 surveyed) feel burdened by their telecommunications expenses. One third of the respondents said their cell phone bills had increased under the current administration, while

South Korea MVNOs Struggle for Existence as Subscriber Numbers Near 7 million

South Korea, MVNO SEOUL: The number of MVNO subscribers is about to exceed seven million, a sign of market maturation over the past six years. However, due to sluggish growth that began two years ago, businesses are desperately struggling for existence. Mobile Virtual Network Operators (MVNOs) are putting significant efforts into finding a way out

CJ HelloVision offering extra discount for budget mobile service

CJ HelloVision CJ HelloVision will offer discounts up to 40 percent on its monthly fee over the next two years for its budget mobile service Hello Mobile, which is double those provided by the nation’s major mobile carriers, the company said Sunday. The discount is available for those who choose it over a handset discount

Korean MVNO Home Plus mulls scrapping budget mobile services

Korean, MVNO, Home Plus Korean MVNO Home Plus is considering pulling its budget mobile phone service, after three- and-a-half years. The Seoul-based discount chain said Monday it is currently talking with the Ministry of Science, ICT and Future Planning over its license and 9,700 subscribers. “We are considering pulling our mobile phone services but nothing

KT, China Mobile, NTT DoCoMo to Extend Partnership to Strengthen 5G Leadership

KT, China Mobile, NTT DoCoMo KT, the nation’s second-largest mobile carrier, announced on October 16 that it held a general meeting of the “Strategic Cooperation Framework Agreement (SCFA),” Asia’s largest strategic telecom business community, on the 14th and agreed to extend the strategic partnership with China Mobile and NTT DoCoMo for five years to strengthen

Korea Post to launch new budget MVNO services

Korea Post, MVNO Korea Post will restart selling budget mobile services nationwide with more price options, the postal service agency said Sunday. The agency provides more budget long-term evolution (LTE) mobile services that are up to 50 percent cheaper than those of major telecom companies ― SK Telecom, KT and LG Uplus ― to meet

Rejection of SKT-CJ Hellovision Merger to Have Adverse Effect Content Investment

SKT-CJ Hellovision As South Korea’s Fair Trade Commission (FTC) made a final decision to block the proposed takeover by SK Telecom of cable TV provider CJ HelloVision, 320 billion won (US$280.21 million) funds, which SK and CJ planned to raise for the content industry within a year after the merger, will be significantly slashed down.

Antitrust watchdog confirms SK Telecom / CJ Hellovision opposition

Antitrust, SKTelecom, CJ Hellovision Korea’s Fair Trade Commission says concessions would not prevent harm to competition in broadcast, mobile markets. South Korea’s Federal Trade Commission (FTC) on Monday formally confirmed its opposition to SK Telecom’s proposed acquisition of TV provider CJ Hellovision. The antitrust watchdog issued a preliminary decision earlier in July, following a seven-month

Synacor Gains Momentum with Zimbra Email in Asia-Pacific – Announces Wins, Partner Success

Markas Besar Polri, Indonesia’s police force becomes a Zimbra email customer Synacor expands Zimbra email relationship with K-Opticom in Japan Tremendous participation and engagement at Asia-PacificPartner Summits BUFFALO, N.Y., — Synacor, Inc.(Nasdaq:SYNC), the trusted multiscreen technology and monetization partner for video, internet and communications providers, device manufacturers and enterprises, today announced continued momentum with Zimbra,

SK will not drop budget mobile business

SK Telecom SK Telecom said that it has no intention of halting operation of its budget mobile business in return for receiving approval from the government for its proposed merger with CJ HelloVision (CJH). “SK Telecom has no plan to drop its budget mobile business even after the government approves the merger with CJH, which

South Korea to reach 60 mln mobile subs by end-2016

MVNO The number of subscribers to mobile network services in South Korea will top 60 million by the end of this year, Yonhap news agency reports, citing unnamed industry sources. According to data released by the South Korean Ministry of Science, ICT, and Future Planning, the number of customers with mobile network accounts, including those

CJ Hellovision shareholders approve SK Telecom merger

CJ Hellovision Shareholders of South Korean cableco CJ HelloVision have approved the company’s planned merger with SK Broadband, a unit of SK Telecom, the Korea Times reports. According to the newspaper more than 97% of the participating investors voted in favour of the KRW500 billion (USD405 million) deal, despite heightened resistance from minority shareholders, rival

Dispute intensifies over SK Telecom’s takeover plan

SK Telecom A group of telecom industry officials clashed again over SK Telecom’s proposed takeover of CJ HelloVision (CJH), putting the government in a serious dilemma. This came as the Ministry of Science, ICT and Future Planning (MSIP) held a second round of discussions Wednesday, accepting opinions from experts and interested parties over the takeover

South Korea mobile user base grows 1.4% in 2015

SK Telecom The number of mobile phone users in South Korea increased by 1.4 percent year-on-year in 2015, Yonhap news agency reports, citing data from the Ministry of Science, ICT, and Future Planning and the Korea Communications Commission. SK Telecom, KT, and LG Uplus ended 2015 with 20.7 million new mobile subscribers. The figure includes

Korea may delay SKT-CJH approval

SK Telecom CJ HelloVision The government may delay its decision to approve a proposed takeover plan of CJ HelloVision (CJH) by SK Telecom after relevant government agencies reached a consensus to undergo stricter-than-expected screening processes for the mobile carrier’s proposed deal. The Ministry of Science, ICT and Future Planning (MSIP), which will decide on the

South Korea drops 4th mobile licence

Quantum Mobile South Korea’s ICT ministry did not award a fourth mobile licence to any of the three firms submitting applications because they lacked qualifications. The Ministry of Science, ICT and Future Planning (MSIP) said all three companies failed to meet the minimum requirements, Yonhap news agency reported. K Mobile, Sejong Telecom and Quantum Mobile

Xiaomi begins offline sales of smartphones in S. Korea

Xiaomi Chinese tech giant Xiaomi Inc. started selling its smartphones in South Korea through local dollar-shop chain Daiso, industry sources said Wednesday, marking the first time for its mobile devices to be sold at offline stores here. The Xiaomi Redmi 3 and Redmi Note 3 carry a price tag of 99,000 won (US$82.34) and 129,000

(LEAD) Gov’t to unveil possible 4th mobile carrier next week

MVNO South Korea’s ICT ministry said Friday it will determine whether to license the country’s fourth mobile carrier next week after months of deliberation on candidates. The three candidates passed an initial government assessment in November in line with the ministry’s plan to inject more competition into the market, which is currently dominated by only

Semtech Works with Korean Gas Supplier SK E&S and SK Telecom on LoRa®-Based AMI System to Automatically Read Gas Meters and Detect Gas Leaks in South Korea

SK Telecom LoRa-based AMI system significantly reduces system cost, improves battery lifetime, and expands network coverage Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today announced it will be working with Korean gas supplier SK E&S and telecom operator SK Telecom to develop and deploy automated gas meters and detectors in

KT steps up attack on SKT over takeover plan

Mobile carrier KT has ratcheted up criticism of its local rival SK Telecom’s plan to acquire CJ Hellovision, a cable TV and mobile virtual network operator. Lim Heon-moon, president of KT’s mass general business division in charge of the business-to-customer segment, said Friday that SKT’s acquisition of CJHV is something that would “wreak havoc to