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05.2020 Group Briefing

FET and KT launched strategic cooperation plan

Far EasTone telecommunication / he Siwei
        Far EasTone telecommunications signed a memorandum of cooperation with Korea Telecom (KT) on April 8. The two sides will cooperate in 5g, digital content and roaming services to jointly accelerate 5g development and import high-quality video, audio and digital content from South Korea. In order to meet the needs of epidemic prevention, the two sides were respectively represented by Yin Deyang, executive vice president of far EasTone telecommunication personal user business group in Taipei, and park Hyun Jin senior executive vice president of Korea Telecom in Seoul, South Korea, to complete the signing on the line through VR mode and add real achievements to VR application.

In the process of 5g bidding, far EasTone telecommunication obtained 80MHz and 400MHz respectively in 3.5GHz and 28ghz frequency bands, and actively launched 5g construction and rushed to 5g business transformation service. "South Korea is the first country in the world to launch 5g business transformation, with 5g users ranking the first in the world. South Korea Telecom (KT) is the leading brand of South Korea's Telecom. It has rich practical experience in 5g field, and has made great efforts to improve 5g application environment," said Yin Deyang, executive vice president Hope to open 5g's diversified cooperation and strive for 20% upgrading conversion rate of users in the first year. "

KT is the world's first 5g service provider launched at the 2018 Pyeongchang Winter Olympic Games. It has also started 5g business transformation since April 2019 and is the leader of new generation mobile communication services. Not only that, KT group has produced more than 60 original programs since 2017, including 4K live programs, which constantly provide users with amazing mobile video experience. The scope of cooperation discussed by the two sides also includes the introduction of 5g digital content that KT is good at in far EasTone telecommunication Friday. Far EasTone telecommunication will continue to provide users with multiple mobile videos and enrich their mobile lives.

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