SK Telecom, the No.1 mobile operator in Korea, said that it has invested an additional USD 16.5 million in Packet One Networks (P1), Malaysia’s WiMAX carrier, following its initial investment of USD 100 million in …

SK Telecom, the largest mobile operator in Korea, said it plans to spend KRW 2.3 trillion (USD 2.2 billion) this year to expand its 3G and Long Term Evolution (LTE) networks.
This capital expenditure is up …

LG Group, Korea’s fourth-largest business conglomerate, said Monday that it will invest 21 trillion won (US$ 18 billion) next year in its main business and nurture new growth engines. The spending is up from 11.7 …

SK Telecom’s CEO Man-won Jung said at an October 25th press conference that SK Telecom had been stuck in a closed policy in a walled garden and this caused its failure to achieve success as …

To develop major domestic network equipment makers into giants such as Cisco or Huawei, Korea’s government plans to fully support local network suppliers with an investment of 250 billion won in the nation’s network equipment …

While the Korean telecom regulator KCC (Korea Communications Commission) designated a marketing cap ― no more than 22 percent of the total sales in each of the wireless and wired sectors― to cool down fierce …

KT, Korea’s top fixed-line operator and No. 2 mobile carrier, said it will spend 5.1 trillion won (US$ 4.31 billion) on fixed-line and wireless networks over the next four years to cover surging data traffic …

KCC, telecom regulator, is looking to find a fourth mobile carrier following SK Telecom, KT and LG Telecom to lower expensive mobile service fees. Korea Mobile Internet (KMI) recently submitted an application to the KCC …

KT, the world’s first WiBro (Wireless Broadband) or Korean version of mobile WiMAX service provider with its rival SK Telecom, said Monday it will establish a joint venture with Samsung Electronics and Intel in June …

After a series of unsuccessful results in its global business, including in the U.S., China and Vietnam, SK Telecom, the leading mobile carrier in Korea, is attempting again to enter overseas markets to seek new …