Telefonica, Korea Telecom to encourage start-ups in South Korea

Telefonica’s Open Future innovation initiative signed a partnership agreement with Korea Telecom and the G-CEIC, a public body responsible for promoting ICT innovation in South Korea, which will see “the mutual sharing of entrepreneurial, investment and external innovation expertise”. The agreement follows …

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Korea Telecom and Alcatel-Lucent collaborate to virtualize functions

Korean telco KT and Alcatel-Lucent have announced a technical collaboration agreement to accelerate the adoption of network functions virtualization (NFV) in Korea.