-- The market-leaders of Korea and Germany will collaborate in the areas of IoT
and media platform, while driving technology innovations and
standardization of ICT including key 5G technologies and Network-IT
Infrastructure
-- The parties also agreed to work
together to bring innovative solutions and products/services to
each other's customers
-- The two companies entered into a
strategic partnership agreement at MWC 2016 to strengthen their
global technology leadership and deliver new value to
customers
BARCELONA, Spain, Feb. 23, 2016 /PRNewswire/ -- SK Telecom
(NYSE:SKM) and Deutsche Telekom announced today that they entered
into a strategic business partnership agreement to collaborate in
the fields of services, Internet of Things (IoT) and related
R&D areas.
Photo - http://photos.prnewswire.com/prnh/20160223/336206
With the aim to strengthen their capabilities as ICT industry
leaders and to achieve new growth through joint business
opportunities in Asian and European Markets, SK Telecom and
Deutsche Telekom will cooperate in the global sales of innovative
solutions and products and work together to lead standardization of
innovative technologies, including 5G enabling technologies and
SDDC (Software-Defined Data Center).
-
Cloud Streaming Solution, Pico
Beamer, International Roaming
As part of the
collaboration, SK Telecom and Deutsche Telekom will also make joint
efforts to expand markets for their solutions and
products/services.
SK Telecom's technological competency with regard to Cloud
Streaming* was successfully demonstrated through the solution tests
conducted at Deutsche Telekom's T-Labs in December 2015. The two companies will conduct a
feasibility test for its potential commercialization in Deutsche
Telekom's footprint by the second quarter of 2016. Going forward,
through partnership with Deutsche Telekom, who has 6 million TV
subscribers in Europe, SK Telecom
expects to secure a bridgehead to enter into the European markets
with its Cloud Streaming solution.
*Provided by SK Telecom's subsidiary ENTRIX, Cloud Streaming
is an innovative solution that enables even the legacy/low-end
set-top boxes to support the latest user interfaces as it is built
on software virtualization technologies. The solution thereby
allows companies to significantly reduce costs for set-top box
investment and subscriber acquisition.
Moreover, the two companies have agreed to introduce SK
Telecom's pico beamer to Germany
in the second quarter of 2016 and then to other countries in
Europe. They also agreed to launch
Deutsche Telekom's in-car Wi-Fi solution in the Korean market.
SK Telecom and Deutsche Telekom will also cooperate in the
international roaming service area, including quality improvements,
signature of Service Level Agreements and pursuit of LTE based
roaming services.
-
Smart City
Another area of collaboration is in the IoT to
develop innovative services in an urban setting. They are now ready
to combine their efforts to mutually investigate industry leading
smart city solutions. This will enable the two to serve the
customer needs in the best way to make their cities smarter and to
expand the related services into new markets.
-
Technology R&D
Under the partnership agreement, the two
companies will pursue joint R&D activities to develop
cutting-edge technologies – including 5G enabling technologies –
and push for their standardization, while actively taking a part in
diverse global projects to drive ICT infrastructure
innovations.
In particular, through development of key 5G technologies such
as network slicing and mobile edge computing, they plan to drive
standardization and implementation of 5G, and identify 5G key
applications.
In addition, as members of the Open Compute Project, the
Facebook-led open source hardware and data center design
initiative, the two companies will play proactive roles to achieve
innovations in the network-IT infrastructure.
Furthermore, SK Telecom and Deutsche Telekom have joined the
Next Generation Enterprise Network Alliance (ngena) as founding
members. 'ngena' is an alliance of international telecommunications
companies to provide truly international network services for
enterprise customers, securely and reliably from a single source.
'ngena' is a standalone company with independent management. It
comes with a completely new business model and a new technology in
a greenfield setting, sharing network assets of trusted service
providers.
"The idea is to create an amazing technology partnership with
tangible results. The development and exchange of new services will
help both companies generate more benefit for our customers,"
stated Tim Höttges, CEO of Deutsche Telekom. "But it's also about
learning from each other. We are really impressed with SK Telecom's
agility and creativity, and look forward to exchanging ideas and
experiences."
"SK Telecom is excited to enter into a strategic partnership
with Deutsche Telekom, which holds a strong technology and market
leadership across the globe," said Jang
Dong-hyun, President and CEO of SK Telecom. "By building on
each other's strengths, we will unlock new growth opportunities and
pave the way for the future ICT industry."
About SK Telecom
SK Telecom (NYSE: SKM, KSE: 017670), established in 1984, is
Korea's largest telecommunications company with more than 26
million mobile subscribers, accounting for around 50% of the
market. The company reached KRW 17.137
trillion in revenue in 2015. As the world's first company to
commercialize CDMA, CDMA 2000 1x, CDMA EV-DO and HSDPA networks, SK
Telecom launched the nation's first LTE service in July 2011. SK Telecom also became the world's
first mobile carrier to commercialize 150Mbps LTE-Advanced in
June 2013 and 225Mbps LTE-Advanced in
June 2014 through Carrier
Aggregation(CA). In line with its efforts to swiftly move towards
the next-generation mobile network system, or 5G, it successfully
commercialized 300Mbps tri-band LTE-A CA. As of the end of
December 2015, the company has over
18.98 million LTE and LTE-Advanced subscribers. Based on its
strength in network operations business, SK Telecom is seeking new
growth engines through three innovative platforms namely Lifestyle
Enhancement Platform, Advanced Media Platform and IoT Service
Platform. For more information, please visit www.sktelecom.com or
email to skt_press@sk.com.
About Deutsche Telekom
Deutsche Telekom is one of the world's leading integrated
telecommunications companies with around 151 million mobile
customers, 30 million fixed-network lines and more than 17 million
broadband lines (as of December 31,
2014). The Group provides fixed network, mobile
communications, Internet and IPTV products and services for
consumers and ICT solutions for business customers and corporate
customers. Deutsche Telekom is present in more than 50 countries
and has approximately 228,000 employees worldwide. The Group
generated revenues of EUR 62.7
billion in the 2014 financial year – more than 60 percent of
it outside Germany.
Media Contact
SK Telecom
Cindy
Kang
SK Telecom Co. Ltd.
(822) 6100-3836
(8210) 9113-2344
psyche@sk.com
Raphael Rashid
Edelman Korea
(822) 2022 8228
Raphael.Rashid@edelman.com
Deutsche Telekom AG
Corporate Communications
Tel: +49 228 181 – 4949
E-Mail: media@telekom.de
Further information for the media at: www.telekom.com/media and
www.telekom.com/photos