April 20, 2024

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[THE INVESTOR] Korea’s No. 2 mobile carrier KT, an official partner of the PyeongChang Winter Olympics, said on Jan. 31 it has finished preparations to demonstrate the world’s first fifth-generation network service at the games.

The announcement came after the mobile carrier opened its corporate promotional center in Gangneung, a sub-host city of the 2018 Winter Games that will mainly host indoor ice events. The Feb. 9-25 competition will kick off in the alpine town of PyeongChang, located 180 kilometers east of Seoul.

“Together with its partners, KT will showcase the world’s first pilot run of 5G network services (in PyeongChang) and continue to make efforts towards the industry‘s first commercialization of the technology,” KT CEO Hwang Chang-kyu said.

The mobile carrier has been making efforts to tap deeper into the 5G network industry since 2015, when it announced its goal to demonstrate the service at the competition.

KT has joined forces with business partners including Korean tech giant Samsung Electronics and Intel to establish infrastructure optimized for the 5G network at the venues.

The company said visitors will have the opportunity to experience the world’s first 5G network service at its promotional center.

By Song Seung-hyun and newswires (ssh@heraldcorp.com)