The South Korean mobile carrier, KT (formerly Korea Telecom) has unveiled the world’s first blockchain-based commercial network, as reported by the Korean Herald. The telecom giant has implemented a blockchain layer on top of their ultra-speed nationwide commercial network to ensure maximum security and transparency for retail and business users. “Public blockchains have low processing speed and capacity, while private blockchains have low transparency. By applying blockchain onto our ultra-fast network, we have overcome both obstacles,” commented the head of the Blockchain Center at KT’s Institute of Convergence Technology, Seo Yeong-il. The mobile carrier expects to achieve the impressive number of 100 000 transactions per second by the end of 2019, while their current blockchain network capability is 2500 transactions per second. Furthermore, KT has already implemented this disruptive technology in their user identification process, eliminating the need for personal IDs and passwords. The company is also working closely with…
South Korean telecommunications leader SKT is enhancing its position in artificial intelligence with a $200 million investment in Smart Global Holdings. By acquiring a significant stake, SKT strengthens its AI infrastructure capabilities. This strategic move underscores SKT’s commitment to evolving as a global AI powerhouse, integrated with cutting-edge Nvidia GPU technology.
Deutsche Telekom, SK Telecom, e&, Singtel, and SoftBank have officially launched a joint venture to advance AI technologies tailored for the telecommunications sector. These industry leaders aim to create Large Language Models (LLMs) specifically designed to enhance customer interactions through digital assistants and chatbots.
Stage X, poised to become South Korea’s fourth mobile network operator, is now facing the revocation of its license due to financial discrepancies. The government is reportedly on the verge of pulling the plug on the firm’s spectrum rights, according to Yonhap news agency, which cited a statement from the Ministry of Science and ICT (MSIT).
The UK’s telecommunications regulator, Ofcom, is advancing plans to facilitate shared access to the highly sought-after upper 6 GHz band, proposing two primary frameworks to balance the needs of both mobile and Wi-Fi providers. The first proposed approach, known as variable spectrum split, would allow both mobile and Wi-Fi services to use portions of the spectrum not occupied by the other.
VTech has entrusted its European subsidiary, Snom Technology, to expand business product sales in Asia-Pacific (APAC). From April 2024 onwards, the German manufacturer will be responsible for all sales of VoIP telephones in the region, with Fabio Albanini, currently Head of International Sales for EMEA, now also in charge of this new area.
As the evolution towards 6G continues, telecommunications mammoths NTT DOCOMO and NTT, have expanded their research circle to include SK Telecom and Rohde & Schwarz. The newly inducted collaborators will aid in various 6G trials in Japan, focusing on identifying potent frequency bands for the upcoming technology. Of particular interest is the development of a ‘6G AI-native air interface’, that promises to bolster network performance and energy effectiveness.
Despite Europe’s stride towards a digitally advanced future, the current uptake of 5G stands at only 2.5%. This stands in stark contrast to how tech giants like North America, China, Japan, and South Korea are faring. While European market figures on Fibre-to-the-Home (FTTH) appears promising, various challenges, including recent antidumping measures, have stymied progress and exacerbated the digital divide.
The race for 5G supremacy is intense, and LexisNexis IPlytics explores the landscape in their 2023 report. CEO Tim Pohlmann notes a significant surge in 5G patents, with the top 10 players owning 76% of declared patent families. The US leads in patent volume, followed by China and Europe. Huawei dominates the top 50 ranking. Pohlmann emphasizes the role of Chinese companies, particularly Huawei, in shaping the 5G sector, extending their influence to the automotive industry
A newly published study unveils a glaring disparity in the worldwide cost of mobile data. The US falls surprisingly behind at 219th globally, while other countries enjoy much lower prices. Yet on a brighter note, a trend of declining data costs emerges globally. Distinct transformations have occurred in countries such as the UK and India, with data rates significantly dropping over the years, serving as a promising glimpse into a future where consumers could get more worth for their money while enjoying mobile data services.