South Korea's leading Operator, KT has signed an MOU with Ericsson to strengthen their collaboration in 5G technology as well as the Internet-of-Things (IoT). The signing of the MOU took place on the 29th of May at Ericsson's headquarters in Stockholm during a meeting between Chang-gyu Hwang, CEO of KT and Hans Vestberg, the President and CEO of Ericsson. The collaboration will lead to KT building a 5G indoor and outdoor test bed at its R&D center this year.
Ericsson and KT have successfully verified heterogeneous network carrier aggregation technology, a key element of 5G last year. More recently, they have successfully demonstrated the 5G Multipoint Connectivity with Distributed MIMO with 5G mobile device equipment installed in a moving vehicle. Multipoint Connectivity with Distributed MIMO with 5G enables connection of a large number of small cells without interruption, and eliminates possible blind spots in coverage areas. This makes it possible to support gigabit-level wireless services such as hologram video communication to moving vehicles. Through cooperation with Ericsson, KT aims to provide the world's first, innovative 5G communications services at the PyeongChang 2018 Winter Olympics in South Korea.
Chang-gyu Hwang, CEO, KT
We are delighted to lead 5G next-generation network technologies in cooperation with Ericsson, the world-leading provider of communications technologies and services. KT is preparing to preview the world's first, innovative 5G communications services at the PyeongChang 2018 Olympics. Our cooperation with Ericsson will strengthen our strategy to lead 5G and provide seamless connectivity to our consumers.
Hans Vestberg, President and CEO, Ericsson
We will take the lead in developing 5G technologies in collaboration with KT, a leading mobile telecommunications service provider in South Korea. We will actively cooperate with KT to achieve 5G international standardization and the successful evolution toward 5G communications.
