South Korea’s leading network operator KT Corp. and China Mobile have agreed to strengthen their partnership for the next-generation 5G and internet of things (IoT) services.
According to KT, the top management executives from both the companies, including KT CEO Hwang Chang-gyu and China Mobile chairman Shang Bing, attended a workshop that discussed the possibilities of 5G and IoT at the China Mobile headquarters in Beijing, China, on March 31.
At the workshop, the companies has decided to extend cooperation in roaming services between Korea and China. KT also showcased new technologies such as GiGA Wire and GiGA long term evolution (LTE) services to China Mobile at the workshop.
According to reports, KT is planning to launch the trial 5G services for the first time in the world during the 2018 Winter Olympics in Pyeong Chang. On the other hand, China Mobile will provide 5G services during the 2022 Winter Olympics in Beijing.
China Mobile and KT will together build a joint cluster to develop and test the 5G networks as well as set up 5G standards. The two companies will also form a strategic partnership in IoT sector and seek new business opportunities in the market. They would partner to launch crossover IoT products as well as develop new IoT solutions.
In addition, KT and China Mobile will work together to expand Wi-Fi roaming services and commercialize the LTE-based Voice over LTE (VoLTE) roaming services first.