Cooperation between Türk Telekom and Korea Telecom!

Türk Telekom and Korea Telecom, last March GSMA Mobile World CongressIt accelerated its steps to embody the strategic partnership that they had reached a preliminary agreement in. The two companies announced that they signed a comprehensive agreement to evaluate media/content exchange as well as cooperation projects on 5G and start-ups.

The two companies will carry out 5G R&D studies together

Türk Telekom together with Korea Telecom R&D studies in the field of 5G and will carry out the commercialization process of these studies together. The agreement between the two companies also envisages cooperation in the discovery of new start-up companies and joint investment.

Solutions of start-up companies in which both companies invest will be actively supported. Contents to be provided first by Korea Telecom, On Türk Telekom’s IPTV/OTT platform will meet the audience. In the coming period, mutual content exchange may come to the fore.

Türk Telekom CEO Ümit Önal in his speech on the subject;

“I am happy to announce that we have started to take concrete steps as part of the strategic cooperation agreement we signed with Korea Telecom at the GSMA Mobile World Congress in March this year.

We are starting an exciting journey with Korea Telecom, the world’s leading technology company, to implement joint R&D projects in the field of 5G, to invest in start-ups, which is an area we value very much, and to exchange content for our TV platform.

I believe that this cooperation will yield very successful results.”

Kyungrim Yoon, Head of Digital Transformation Division, Korea Telecom Group if;

“After the memorandum of understanding signed in March, I am very pleased that the two companies quickly decided to cooperate on more specific cooperation issues such as media/content, 5G and joint investment. In the future, we will do our best to achieve successful results through active cooperation based on the ‘strategic partnership’ between the two countries.