Mobile carriers eyeing non-core businesses

Though mobile carriers are seeing a rapid rise in long-term evolution (LTE) network subscribers, they are also anxious to earn revenues from what was hitherto considered out of their business areas.

SK Telecom, KT and LG Uplus have shown near same services in telecommunication business recently, all boasting a nationwide LTE network and all releasing voice over LTE (VoLTE, or making voice calls available on an LTE network).

Market saturation and the declining profits due to heavy investments on network building are now pushing companies to find a way to increase competitiveness by differentiating themselves from rivals, especially for the second half of this year.

SK Telecom, which announced 4 million LTE subscribers Sunday, wants its members to take a keen interest in its growing content.

For full article see Korea Times.

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