Wednesday, December 19, 2007

[ News, Science / Tech, December 9 2007] Korea's largest telecommunication service provider goes global

With the growth of the domestic market slowing, a number of local telecommunication giants are scrambling to expand earnings from beyond the increasingly saturated domestic market.

And KT, Korea’s largest telecommunication service provider, is leading the way.

KT CEO Nam Joong-soo says that the firm aims to build a "Silk Road" of the digital era with its broadband and mobile network technology.

Nam said his firm hopes to build a digital silk road that stretches from Korea, across Russia’s Far East to Europe, and all the way to Africa, connecting people through the Internet and mobile telecommunication technology.

KT has already established itself in some of the countries along the route.


KT has high hopes for the proliferation of WiBro, Korea’s homegrown high-speed mobile Internet technology.

WiBro has been chosen as one of the international standards for third-generation mobile telecommunication technologies, known as 3G. The technology allows high-speed Internet access even in a fast-moving car, by blanketing the entire area with wireless hotspots.

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