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South Korea Business Report

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KT wins race in launching world’s first 5G service at PyeongChang 2018 Olympics

Korea Telecom expands internet potential at speeds 1,000 times faster than 4G, ahead of the PyeongChang 2018 Olympic Winter Games

PUBLISHED : Wednesday, 25 October, 2017, 10:36am
UPDATED : Wednesday, 25 October, 2017, 10:36am

Korea Telecom (KT) emerges as the runaway winner ahead of the Olympic Winter Games PyeongChang 2018 as it leads the race to 5G – two years earlier than the technology’s 2020 anticipated global launch.

With speeds reaching as much as 1,000 times faster than what 4G Long-Term Evolution offers, 5G is anticipated to unlock the full potential of the internet of things beyond allowing users to download high-definition movies in one second flat. At the forefront of the fourth industrial revolution, KT leverages its expertise obtained from PyeongChang trials in maximising its 5G technology.

“5G will pave the way for many other technologies. Low latency, for instance, stands out among its most exciting advantages besides incredible speed. This means making complicated and delicate procedures – such as robotics-assisted remote surgery – the way of the future,” says KT president

Oh Seong-mok. “All these benefits come with the added advantage of low power consumption – a major win not only for mobile phone users, but also for the environment.”

All these benefits come with the added advantage of low power consumption – a major win not only for mobile phone users, but also for the environment
Oh Seong-mok, president, Korea Telecom

To date, the Olympics has always been a venue for showcasing new technologies. “If such a technology can be applied to help improve audiences’ experiences of the games, then at the Olympic Winter Games PyeongChang 2018, KT’s 5G network could provide vivid experiences to audiences – just like they are participating in real Olympic Games,” Oh says.

KT has partnered with major global manufacturers to accelerate 5G standardisation in time for the event. It targets a technical test run by next month, and looks forward to offering 5G services for commercial applications by 2019.

South Korea’s top provider in wired and wireless telecommunications, KT is backed by more than 130 years of experience.

An industry pioneer since the analogue first-generation telecommunication standards were introduced, the technology-driven company has contributed to the development of the information and telecommunications industries locally and internationally.

In addition to continuously advancing existing technologies and introducing breakthroughs in the market, KT is also committed to making the most of its expertise by helping resolve multiple global challenges, especially in emerging markets such as Indonesia, Bangladesh and Central Asia.

“Our vision goes far beyond pursuing a business opportunity. We aspire to continue contributing to society and providing solutions for a fast-moving world,” Oh says. “We aim to reach more markets, especially those that may benefit the most from our know-how and technologies, which can help our markets achieve sustainable development.”

www.kt.com