KT signs MoU with albis-elcon pursue Joint businesses on 5G, platforms and AI..
KT signs MoU with albis-elcon pursue Joint businesses on 5G, platforms and AI..
  • by Yoo Mi-ja Reporter
  • 승인 2018.07.17 06:46
  • 댓글 0
이 기사를 공유합니다

Kim Hyung-Joon, fourth from left, KT’s executive vice president and head of the Global Business Unit, Werner Neubauer, fifth from left, chief executive officer of albis-elcon, and other key participants from the two companies pose at the signing ceremony of a memorandum of understanding for strategic cooperation at albis-elcon headquarters in Eschborn, Germany, on July 10.
Kim Hyung-Joon, fourth from left, KT’s executive vice president and head of the Global Business Unit, Werner Neubauer, fifth from left, chief executive officer of albis-elcon, and other key participants from the two companies pose at the signing ceremony of a memorandum of understanding for strategic cooperation at albis-elcon headquarters in Eschborn, Germany, on July 10.

 

KT Corp. (Korea Telecom) has announced on July 16 that has made a successful a key foray into Europe and other international markets by partnering with albis-elcon, a Germany-based network equipment and solution provider.

The two companies signed a Memorandum of Understanding (MoU) for the strategic global partnership last week at albis-elcon headquarters in Hartmannsdorf, Germany. Senior executives, including Kim Hyung-Joon, KT's executive vice president and head of the Global Business Unit, and Werner Neubauer, chief executive officer of albis-elcon, attended the signing.

Under the agreement, KT will provide its GiGA solutions and next-generation technologies to communications service providers in Europe and other parts of the world through the global business network of its new German partner. KT's GiGA solutions are ushering in the next generation of fifth-generation (5G) infrastructure by introducing three technologies at home and abroad, including GiGA Wire, GiGA WiFi and GiGA LTE.

"This great partnership between KT and albis-elcon will provide a major bridgehead for our advances in the European and the global markets," Kim said. "We will step up efforts to expand overseas with our GiGA technology as well as 5G and our latest technologies, ICT-based platforms and solutions."

To pioneer the future of wireless technology together, KT and albis-elcon have also agreed to pursue joint business opportunities across the fields of 5G wireless technology, information and communications technology (ICT)-based platforms, and artificial intelligence (AI).

The Korean telecom leader is particularly interested in exporting of its GiGA Wire technology -- which does not require optical cable -- to European countries, where many sturdy and aging buildings are connected with copper lines. The new technology, developed in 2014, can offer a near-gigabit speed on copper lines.

KT also plans to expand its overseas sales of GiGA WiFi in partnership with albis-elcon. This technological breakthrough was first developed in 2015 and delivers a near-gigabit speed wireless network for homes and offices.

Albis-elcon is well positioned as KT's business partner, with 13 million of its network systems and equipment installed in more than 40 countries. It provides a wide range of products and solutions for copper and fiber broadband access, remote network powering, network management and Internet-based television. Deutsche Telekom, Telecom Italia and Telefónica are among the company's 100-plus clients.

"New products and new solutions require innovative ideas, solid technologies and detailed implementation to guarantee first-class user experiences. KT's outstanding expertise will enable us to actively drive the development of future networks, including the creation of new business models and operational excellence for our customers," Neubauer said.


 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • Korea IT Times: Copyright(C) 2004, Korea IT Times. .Allrights reserved.
  • #1206, 36-4 Yeouido-dong, Yeongdeungpo-gu, Seoul, Korea(Postal Code 07331)
  • 서울특별시 영등포구 여의도동 36-4 (국제금융로8길 34) / 오륜빌딩 1206호
  • * Mobile News: m.koreaittimes.com
  • * Internet news: www.koreaittimes.com
  • * Editorial Div. 02-578-0434 / 010-2442-9446 * PR Global/AD: 82-2-578-0678.
  • * IT Times Canada: Willow St. Vancouver BC
  • 070-7008-0005
  • * Email: info@koreaittimes.com
ND소프트