SK Telecom sets up cloud, IoT and 5G partnership with Deutsche Telekom
24 February 2016 | Alan Burkitt-Gray
Deutsche Telekom and South Korea’s SK Telecom have entered into a strategic business partnership agreement to collaborate in the fields of services, internet of things and related areas.
The two companies announced at Mobile World Congress that they will cooperate in the global sales of solutions and products and work together to lead standardisation of innovative technologies, including 5G and software-defined data centres.
They will also make joint efforts to expand markets for their solutions and products or services.
Jang Dong-hyun, president and CEO of SK Telecom, said: “SK Telecom is excited to enter into a strategic partnership with Deutsche Telekom, which holds a strong technology and market leadership across the globe. By building on each other’s strengths, we will unlock new growth opportunities and pave the way for the future ICT industry.”
Tim Höttges, CEO of Deutsche Telekom, said: “The development and exchange of new services will help both companies generate more benefit for our customers.”
They also agreed to launch Deutsche Telekom’s in-car wifi solution in the Korean market. They have agreed to introduce SK Telecom’s pico beamer to Germany in the second quarter of 2016 and then to other countries in Europe.
The two companies will conduct a feasibility test for the potential commercialisation of cloud streaming in Deutsche Telekom’s footprint by the second quarter of 2016. SK Telecom said it expects to secure a bridgehead to enter into the European markets with its cloud streaming solution.
Earlier in the week at MWC Deutsche Telekom announced that SK Telecom was one of three partners it had recruited – along with CenturyLink and Reliance Jio – for its Ngena alliance of operators to provide services for enterprise customers.
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