KT said it has signed a memorandum of understanding for strategic partnerships with Turk Telekom on the sidelines of at MWC, an annual mobile device exhibition in Barcelona. "We will jointly develop KT's digital transformation capabilities in cooperation with Turk Telecom to suit the Turkish market," KT's group transformation division head Yoon Kyung-lim said in a statement on February 3.
Business ties between the two companies date back to 2016 when the Turkish company used KT's technology solution combining WiFi and long-term evolution (LTE), a standard for wireless broadband communication for mobile devices and data terminals, to provide customers with a 4.5G LTE service. KT's subsidiary, Altimedia, supplied middleware solutions to Turk Telecom's IPTV platform in 2021.
"KT and Turk Telecom have many things in common, such as building and distributing telecommunication infrastructure for the first time in both countries, so we hope to build 5G-based future technologies and continue cooperation," Turk Telecom CEO Umit Onal was quoted as saying.
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