TK Insight

Korea Enjoys Broadband Internet Service

Thanks to the Broadband Convergence Network (BcN) project conducted from 2004 to 2010, 13.3 million Korean households are connected to high-speed Internet and about 30 million subscribers are enjoying wireless Internet with 1-2 Mbps speed, according to the KCC.

KT CEO Changing the Mobile World in Korea

Last June 1st, KT 2009, Korea's leading wired communication company, absorbed its wireless arm KTF, the second-largest mobile carrier, with an aim to converge the wired and wireless communication markets.

The merger was new CEO Lee Seok-chae's first big decision since his inauguration on January 14, 2009, filling a position that had remained empty when former CEO Nam Joong-soo resigned after being arrested on bribery charges. Cho Young-chou, former CEO of KTF also disgracefully stepped down from a bribery scandal.

Mobile Office Taking Off

Smartphones are quickly spreading in the consumer market thanks to the Apple iPhone and enterprises are rushing to adopt the smartphone as a tool to reduce operating costs and increase productivity. From simple tasks such as checking email to complex enterprise mobility systems allowing backend systems such as ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management), the "mobile office" is expected to become a mega trend in Korean business.