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COMMUNICATIONS NETWORK

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SK Telecom, South Korea’s leading mobile carrier, recently launched a new subscription service and also purchased a 20% stake in Korea Content Platform (KCP), a US-based joint venture of Korean terrestrial broadcasters. In addition, the company began monitoring marine pollution with Hoseo University and the Korea Atomic Energy Research Institute.   On Sunday, SK Telecom announced that it had finalized the acquisition of a 20% shareholding in KCP for $25.8 million in order to expand the content portfolio and audience base of its over-the-top (OTT) platform Wavve. According to industry experts, the presence of KCP in the United States will aid in the creation of synergy with Wavve.   In addition, the company has introduced a suite of subscription services, named ‘T Universe’, for its clients, which appear to be a collection of ecommerce services. While there will be several subscription packages available, the main one is called Universe Pass,…