KT Corporation

OVIAR and SOiVA Announce New Venture, B5G6G Telecom, to Advance South Korean Resilience

Retrieved on: 
Tuesday, December 19, 2023

WASHINGTON, Dec. 19, 2023 /PRNewswire-PRWeb/ -- Today, OVIAR Global Resilience Systems (OVIAR) and SOiVA, a data and telecommunications company based in South Korea, announced their intent to launch a joint venture called B5G6G Telecom (short for "Beyond 5G6G Telecom"). B5G6G Telecom will launch in Gangwon Province, South Korea in January 2024 to lead development of a local resilience system. The system will be the first of over 250 regional resilience systems to be built across South Korea, forming one of the world's most advanced communications and computing technology platforms.

Key Points: 
  • Beginning in January 2024, B5G6G Telecom will lead development in Gangwon Province, South Korea of a local resilience system.
  • WASHINGTON, Dec. 19, 2023 /PRNewswire-PRWeb/ -- Today, OVIAR Global Resilience Systems (OVIAR) and SOiVA, a data and telecommunications company based in South Korea, announced their intent to launch a joint venture called B5G6G Telecom (short for "Beyond 5G6G Telecom").
  • B5G6G Telecom will launch in Gangwon Province, South Korea in January 2024 to lead development of a local resilience system.
  • "B5G6G Telecom will unite SOiVA's advanced technology with OVIAR's global experience in building resilience systems and networks," said OVIAR CEO Michael McDonald.

Korea Telecom Selects HPE Aruba Networking SD-WAN to Help Deliver Faster Global Connectivity for Enterprises via AWS Cloud WAN

Retrieved on: 
Wednesday, November 29, 2023

Hewlett Packard Enterprise (NYSE: HPE) today announced Korea Telecom (KT) has selected the HPE Aruba Networking EdgeConnect SD-WAN platform to provide edge-to-cloud integration with AWS Cloud WAN, allowing KT to offer its customers a faster, higher performance and cost-effective alternative to using an MPLS network for global branch office connectivity.

Key Points: 
  • Hewlett Packard Enterprise (NYSE: HPE) today announced Korea Telecom (KT) has selected the HPE Aruba Networking EdgeConnect SD-WAN platform to provide edge-to-cloud integration with AWS Cloud WAN, allowing KT to offer its customers a faster, higher performance and cost-effective alternative to using an MPLS network for global branch office connectivity.
  • HPE is also announcing a new partnership with KT, which will allow KT to provide its customers with a globally-managed SD-WAN service, enabled by HPE Aruba Networking, that acts as a cloud on-ramp, simplifying edge-to-cloud connectivity using the AWS global backbone network.
  • HPE Aruba Networking EdgeConnect SD-WAN utilizes AWS Cloud WAN to provide advanced SD-WAN capabilities that make it easy for organizations to preserve and extend on-premises network segments into AWS, helping increase data security, access control, and performance.
  • This is the sixth year in a row that HPE Aruba Networking has been positioned in the Leaders’ Quadrant by Gartner.

5G Services Market Global Forecast to 2028 - 5G Services Market to Soar at a CAGR of 52.4% with Industry 4.0, Smart Healthcare Driving Growth

Retrieved on: 
Friday, December 15, 2023

The 5G Services market is estimated at USD 121.8 billion in 2023 to USD 1002.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 52.4%.

Key Points: 
  • The 5G Services market is estimated at USD 121.8 billion in 2023 to USD 1002.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 52.4%.
  • The healthcare & life sciences segment is expected to register the fastest growth rate during the forecast period.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the 5G Services market across various regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the 5G Services market.

KT, NTT DOCOMO, Fujitsu, SOLiD, Keysight and ETRI Successfully Conducted Multi-vendor Interoperability Tests Using Virtualized Open RAN and Demonstrated at Global O-RAN PlugFest Spring 2023

Retrieved on: 
Thursday, June 15, 2023

The demonstration test was conducted in cooperation with global Open RAN technology companies on the Pangyo 5G Testbed Center.

Key Points: 
  • The demonstration test was conducted in cooperation with global Open RAN technology companies on the Pangyo 5G Testbed Center.
  • DOCOMO and Fujitsu were responsible for testing interoperability using virtualized Open RAN Central unit (CU) and DU equipment.
  • Prior to PlugFest, KT, DOCOMO, Fujitsu and SOLiD successfully conducted a multi-vendor interoperability test using virtualized Open RAN CU/DU and Open RAN RU.
  • (2) Open RAN Industry Alliance is public-private cooperative organization to expand South Korea's Open RAN ecosystem.

HFR, Inc. Signs Agreement With KT to Collaborate on Private 5G Business

Retrieved on: 
Monday, August 7, 2023

The two companies signed a memorandum of understanding (MOU) at KT's Songpa building in Seoul, Korea.

Key Points: 
  • The two companies signed a memorandum of understanding (MOU) at KT's Songpa building in Seoul, Korea.
  • HFR and KT Sign MOU - Min Hye-byung, SVP of KT Enterprise Service DX Business Unit (left), and
    This agreement combines the strength of these two companies: HFR, a leading private 5G innovator which offers my5G(TM), an end-to-end solution for deploying private 5G networks (components include a Service Management Platform, Unified Network Management System, vCore, vCU/DU, Fronthaul Mux, RUs and CPEs), and KT, Korea's largest mobile operator in both public and enterprise markets, with extensive experience building and operating private 5G networks.
  • "In the private 5G area where the initial market is being formed, the expansion and activation of the ecosystem are directly related to the interests of customers," said Min Hye-byung, SVP of KT Enterprise Service DX Business Unit.
  • "KT will continue to develop competitive private 5G services through this cooperation between our two companies."

Almonty Partners with Korea Telecom to Revolutionize Mine Safety While Also Demonstrating Commitment to ESG Compliance

Retrieved on: 
Tuesday, July 11, 2023

Developed in partnership with KT, this innovative solution aims to enhance worker safety and promote efficient mining practices which is indicative of AKTC’s strong commitment to environmental, social, and governance (ESG) compliance.

Key Points: 
  • Developed in partnership with KT, this innovative solution aims to enhance worker safety and promote efficient mining practices which is indicative of AKTC’s strong commitment to environmental, social, and governance (ESG) compliance.
  • This AI-based mine safety system enables real-time monitoring of worker safety, emergency messaging, and data analysis allowing mine operators to take proactive safety measures.
  • In addition to improving safety standards, the Mine Safety DX technology also contributes to the efficient functioning of mining operations.
  • The implementation of Mine Safety DX at the Sangdong Mine further solidifies AKTC’s commitment to responsible and sustainable mining practices.

Keysight Demonstrates Open RAN Deployment Readiness Testing Leadership at O-RAN Spring 2023 Global PlugFest

Retrieved on: 
Thursday, June 29, 2023

As wireless networks move to virtualized, disaggregated Open RAN architectures, Keysight has been working with its industry partners to develop and deploy testing specifications based on 3GPP and O-RAN ALLIANCE standards.

Key Points: 
  • As wireless networks move to virtualized, disaggregated Open RAN architectures, Keysight has been working with its industry partners to develop and deploy testing specifications based on 3GPP and O-RAN ALLIANCE standards.
  • Keysight’s test setups were facilitated by the hosts, Auray OTIC and Security Lab and KT Corporation, at their Spring 2023 Global PlugFest locations.
  • Peng Cao, Vice President and General Manager for Keysight's Wireless Test Group, said: “With our participation in O-RAN ALLIANCE’s Spring 2023 Global PlugFest, Keysight continues to lead the development, adoption, and testing of 5G Open RAN architectures.
  • Thanks to our comprehensive Open RAN testing solutions and our deep network emulation and RF expertise, we will enable the industry to confidently speed its Open RAN products to market.”

DSP Concepts Provides Voice Control Optimizing Technology for the KT Genie TV All-in-One Soundbar

Retrieved on: 
Friday, June 16, 2023

DSP Concepts, the embedded audio software leader and creator of the Audio Weaver® development platform, announced today its collaboration with top South Korea telecom KT Corporation to bring smart voice control to KT's latest set-top box, the Genie TV All-in-One Soundbar.

Key Points: 
  • DSP Concepts, the embedded audio software leader and creator of the Audio Weaver® development platform, announced today its collaboration with top South Korea telecom KT Corporation to bring smart voice control to KT's latest set-top box, the Genie TV All-in-One Soundbar.
  • With the Genie TV, KT delivers premium tuning and immersive sound combined with precision far-field voice recognition enabled with TalkTo from DSP Concepts.
  • View the full release here: https://www.businesswire.com/news/home/20230612938732/en/
    DSP Concepts: Audio Technology for the KT Genie TV All-in-One Soundbar (Graphic: DSP Concepts)
    Designed with the renowned Audio Weaver platform and offered as one of several open IPs from DSP Concepts, TalkTo is an Audio Front End technology that combines advanced signal processing techniques to create clean audio signals for voice assistants.
  • With TalkTo, end-users can control the Genie TV and perform voice searches for content from across living spaces.

Fortinet Expands Global Secure SD-WAN and SASE Presence with New MSSP Partnerships

Retrieved on: 
Wednesday, June 7, 2023

“Fortinet is uniquely equipped to deliver industry-leading secure networking solutions that are integrated across SD-WAN, SASE, SD-Branch, ZTNA, and beyond.

Key Points: 
  • “Fortinet is uniquely equipped to deliver industry-leading secure networking solutions that are integrated across SD-WAN, SASE, SD-Branch, ZTNA, and beyond.
  • Service providers are turning to Fortinet secure networking solutions to help capitalize on new business opportunities and address customer needs.
  • Fortinet secure networking solutions converge networking and security capabilities and are built to be easily expanded across SD-WAN, SASE, SD-Branch, and ZTNA.
  • 11:11 Systems helps its customers stay connected through a powerful and secure managed connectivity offering that includes Fortinet Secure SD-WAN.

KT Corp. Files 2022 Annual Report on Form 20-F

Retrieved on: 
Friday, April 28, 2023

SEOUL, South Korea, April 28, 2023 /PRNewswire/ -- KT Corporation (NYSE: KT ), South Korea's largest integrated telecom and digital platform service provider, announced that it has filed its Form 20- F Annual Report on April 28, 2023 for the year ended December 31, 2022 with the Securities and Exchange Commission of the United States.

Key Points: 
  • SEOUL, South Korea, April 28, 2023 /PRNewswire/ -- KT Corporation (NYSE: KT ), South Korea's largest integrated telecom and digital platform service provider, announced that it has filed its Form 20- F Annual Report on April 28, 2023 for the year ended December 31, 2022 with the Securities and Exchange Commission of the United States.
  • The report can be accessed on KT's English website at https://corp.kt.com/eng in the Investors section under Business Report as well as the SEC's Edgar database at http://www.sec.gov/ .
  • Shareholders may also request a hard copy of the Form 20-F Annual Report that includes audited financial statements of 2022, free of charge, by sending an e-mail to the Company's IR department at [email protected] .