At a CAGR of 1.4% by 2026. Fixed communication service revenue in South Korea is expected to decline from $6.5 billion in 2021 to $6.1 billion in 2026 at a compound annual growth rate (CAGR) of 1.4%, according to GlobalData. The leading data and analytics company notes that this decrease…
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Broadband growth remains stable in East Asia despite COVID-19 impact
Analyst firm finds stability and revenue growth in broadband subscribers. S&P Global Market Intelligence firm has found telcos in East Asia reported a stable year-over-year fixed broadband subscriber and revenue growth in the first quarter despite the impact of COVID-19. Still, the monthly and quarterly numbers reflect traces of the…
Read MoreKT invests in Hyundai Robotics for digital transformation
KT Invests 50 Billion Won for 10 per cent in Hyundai Robotics. South Korean telecommunication company, KT has invested in Hyundai Robotics, to accelerate digital transformation based on 5G, artificial intelligence (AI) and smart factory. The investment will allow KT to acquire a 10 per cent equity stake in Hyundai…
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