A merged KT and KTF could end up dominating South Korea’s telecoms landscape.
After months of speculation, KT (Korea Telecom) has finally said it will merge with its mobile operator subsidiary, KTF (Korea Telecom FreeTel). By bringing the two companies together (KT already owns 54.3 percent of KTF), it opens the door for more fixed and mobile bundled packages, which many analysts see as essential for KT (the [...]
After months of speculation, KT (Korea Telecom) has finally said it will merge with its mobile operator subsidiary, KTF (Korea Telecom FreeTel). By bringing the two companies together (KT already owns 54.3 percent of KTF), it opens the door for more fixed and mobile bundled packages, which many analysts see as essential for KT (the [...]
The head of South Korean operator KTF stepped down this week after being arrested on bribery charges. Local press reports that Young-Chu Cho is alleged to have received payments amounting to more than $2m from equipment suppliers. A replacement chief executive is expected to be announced imminently. Mobile carrier KT Freetel is the second largest [...]
The GSM Association (GSMA) is inviting handset manufacturers to “submit proposals” to develop a low-cost 3G handset. The handset should, says the Association, be capable of sophisticated applications “that can support advanced services, such as high-speed Internet browsing, mobile TV and instant messaging, while costing significantly less than a low-end 3G handset today”. The 3G [...]
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