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SK Telecom to Host Tech Startups Optella, Kulcloud and Transcelestial under TIP Project

SK Telecom to Host Tech Startups Optella, Kulcloud and Transcelestial under TIP Project Image Credit: SK Telecom

SK Telecom announced that its Telecom Infra Project(TIP) Ecosystem Acceleration Center(TEAC) in Seoul, will host three global technology startups, Optella, Kulcloud and Transcelestial.

The three companies –Optella, Kulcloud and Transcelestial – have been chosen from over 30 applicants to join the TEAC in Seoul.

 - Optella is a US-based developer of low-power 5G wireless optical network solution to maximize transmission efficiency for massive data

 - Kulcloud is a cloud networking company that develops advanced products and solutions required for SDN.

 - Transcelestial is a Singapore-based startup that aim is to develop a constellation of nano satellites.

SK Telecom’s accelerator program will focus on the development of breakthrough technologies and products aimed at bringing innovation to telecommunications. SK Telecom is currently operating its TEAC in Seoul, while BT and Orange are running TEACs in London and Paris, respectively. In addition, Deutsche Telekom has recently announced plans to establish a TEAC in Berlin.

Founded in February 2016, the TIP is an engineering-focused initiative driven by operators, suppliers, developers, integrators, and startups to disaggregate the traditional network deployment approach.

Park Jin-hyo, SVP and Head of Network R&D Center, SK Telecom
SK Telecom is delighted to announce the three bright startups that will join us on our journey toward the next-generation network. At TEAC in Seoul, we will work closely with Optella, Kulcloud and Transcelestial to realize innovations in the telecommunications infrastructure ecosystem.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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