Saturday, October 1, 2022

KT Corporation recognized for achievements at annual awards ceremony

KT Corporation recognized for achievements at annual awards ceremony

KT Corporation – Korea’s largest telecommunications service provider – won 6 out of 14 categories in an annual awards ceremony honoring the best telecommunications companies in the world, according to PR Newswire. KT was awarded during the11th annual awards ceremony of Informa Telecoms & Media – a London-based ICT research organization. This year has been more successful compared to the 5G World 2019 Awards where KT swept only 4 categories. 

The 5G World awards are usually given to companies that have displayed extraordinary achievements and innovations. The Korean telecom operator won the Greatest 5G innovation and Telecom Services Innovation categories including the Most Successful 5G Consumer Service, Most Innovative 5G Enterprise Partnership/Trial and Best Network Automation Technology. Under the Greatest 5G innovation category, KT was honored for its Cloud Autonomous Driving.

Jeon Hong-Beom, KT’s Senior Executive Vice President and Head of the company’s AI/DX Convergence Business Group said, “The 5G World 2020 Awards marks a momentous achievement of KT gaining recognition on the global stage by combining its 5G service capability and technological expertise”. Moreover, he added, “In the post-pandemic era of non-contact lifestyles, KT will continue to introduce heartwarming, humanitarian services and technologies, such as digital healthcare, spearheading changes in people’s daily lives and industrial innovations”, according to PR Newswire.

Late July 2020, KT was planning to launch a suite of smart building services. According to the company, the new service consists of “Smart Building Sensing” which alerts the building manager in real-time to malfunctions and “Smart Building BEMS”.

Back in 2018, KT started deploying 5G networks in the greater Seoul Metropolitan area. Recently, the company announced its plans to expand the network coverage to 24 other cities in 2020, according to Korea Bizwire. The telecom operator also plans to expand 5G connections to key transport routes such as expressways, subways, railways, universities, and shopping areas.

To support the nationwide rollout of 5G services, the company selected Infinera’s 7300 Series Multi-haul Transport platform. Nick Walden, Senior Vice President of worldwide sales at Infinera said, “Infinera’s advanced optical solutions enable KT to efficiently use its fiber and optimize the transmission of optical channels, lowering the total cost of network ownership, and helps KT maintain its global leadership in 5G,” according to Capacity Media.

KT Corporation is expending its services internationally and has recently secured a foot in the Central Asian market. According to a press release, the company has built Uzbekistan’s National Electricity Management Center aiming to manage and remote control electricity services.

Park Yoon-Young, President of KT’s Enterprise Business Group said, “KT’s Uzbekistan project is part of the global business expansion of its AMI (Advanced Metering Infrastructure) Energy Platform and latest AI (Artificial Intelligence) and Big Data-based technologies,” according to PR Newswire.