KT CEO talks 5G at World Economic Forum
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The head of KT, the country’s leading telecommunications provider, outlined the importance of 5G networks in driving innovation at the World Economic Forum in Davos, Switzerland, last week. KT CEO Hwang Chang-gyu was invited to a meeting of the International Business Council, a community of 100 select highly influential executives around the globe, which was held on the forum’s sidelines.
Hwang said the adoption of the upcoming network system will play an integral role in processing autonomous driving vehicles and telemedicine systems.
5G refers to the fifth-generation mobile network that will succeed the current 4G network, which has been prevalent for about seven years. The network is expected to be commercialized in the first quarter of this year, according to KT.
The global elite meeting also acted as a get-together for the world’s renowned CEOs and academics. KT said Hwang spoke with Apple’s Tim Cook, adding that the Apple CEO pledged to visit Korea or invite Hwang to the United States to learn more about the 5G network. Rafael Reif, the president of the Massachusetts Institute of Technology (MIT), said he expected Hwang will lecture about 5G at the campus.
The KT CEO also promised to strengthen cooperation with Japan’s telecom NTT Docomo to run 5G during the Tokyo Olympic Games in 2020.
Questions & Answers
Q.What specific applications of 5G technology did KT's CEO highlight?
What specific applications of 5G technology did KT's CEO highlight?
KT's CEO, Hwang Chang-gyu, stated that the new 5G network system will be crucial for processing data related to autonomous driving vehicles. He also mentioned its integral role in supporting telemedicine systems, underscoring its broad impact on various industries.
Q.When does KT anticipate the commercialisation of 5G networks?
When does KT anticipate the commercialisation of 5G networks?
According to KT, the fifth-generation mobile network is expected to become commercially available during the first quarter of this year. This timeline suggests a relatively rapid rollout following the current 4G network, which has been in use for approximately seven years.
Q.Which prominent figures did KT's CEO meet regarding 5G, and what were the outcomes?
Which prominent figures did KT's CEO meet regarding 5G, and what were the outcomes?
Hwang Chang-gyu met Apple's Tim Cook, who offered to visit Korea or invite Hwang to the US to discuss 5G. He also spoke with MIT president Rafael Reif, who expects Hwang to lecture on 5G at the university campus.
Q.How does KT plan to collaborate internationally on 5G technology for upcoming major events?
How does KT plan to collaborate internationally on 5G technology for upcoming major events?
KT's CEO promised to enhance cooperation with Japan's telecom provider, NTT Docomo. Their collaboration aims to run 5G services specifically during the Tokyo Olympic Games, which are scheduled for 2020.
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