Sk telecom

As AI continues to rapidly advance, new possibilities are emerging across various fields. In line with this trend, SKT is transforming the traditional telecommunications paradigm by leveraging AI and positioning itself as a global AI company. To achieve t...

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Barcelona, Spain, February 26, 2024 - SK Telecom (NYSE:SKM, “SKT”), Deutsche Telekom, e& Group, Singtel and SoftBank Corp. today held the inaugural meeting of the Global Telco AI Alliance (GTAA) at MWC Barcelona 2024 and announced their plans to establish a joint venture. The Joint Venture Company will be established within this year. #skt #deutschetelecom #e& #singtel #softbank #europeanlife #jointventure #llm

They will also work together to improve SK Telecom's 5G networks.

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SK Telecom will triple its investment in AI technology in next five years as part of the domestic telecommunications giant’s plan to provide enhanced services with AI competitiveness and generate sales of 25 trillion won ($18.5 billion) by 2028, its CEO said Tuesday.

SK Telecom, the leading mobile operator company in Korea, plans to become the first nation to demonstrate and commercialize 5G network. The 5G network enables a better quality of the Internet, AI development, and automated vehicle. Ultimately, it could ch…