KT Corp. Debuts New 5G Services at MWC 2019

• Korean Telecom Leader Preparing Full-Scale 5G Commercialization
• KT Chairman Hwang Says 5G to Make a Better World for Everyone

SEOUL, South Korea, Feb. 28, 2019 /PRNewswire/ -- KT Corporation (KRX: 030200; NYSE: KT), South Korea's largest telecommunications company, is preparing for the world's first full-scale commercialization of 5G in March, accelerating the company's global technology leadership.

The Korean telecom leader is demonstrating its latest 5G technology and services, from AI robots to a flying rescue system, at the Mobile World Congress (MWC) 2019, held this week in Barcelona, Spain. KT's slogan at MWC is "Now a Reality, KT 5G and the Next Intelligent Platform."

During a keynote speech at MWC, KT Chairman and CEO Hwang Chang-Gyu said that the new 5G era will transform the world into a better place for everyone. The next mobile revolution will benefit and create more businesses and enterprises, and it will also elevate the user experience to a new level of maximum versatility and immersion, he said.

"In March, KT will be the first in the world to introduce 'True' 5G mobile services," said Chairman Hwang, who is now often referred to as "Mr. 5G" for his passion and dedication to launching the next-generation wireless. "In the 5G era, neckband cameras, AR glasses and all kinds of devices will be connected to 5G, contributing to a better life for mankind."

Mr. 5G was the first to mention the future of 5G back at MWC 2015, where he spoke about a commercial 5G network by 2019. "Today, I would like to announce that the promise I made four years ago has finally been fulfilled," he said during the speech at MWC 2019.

World's First 5G Trial Services at PyeongChang Olympics

KT, formerly known as Korea Telecom, showcased the world's first 5G trial services at the PyeongChang Winter Olympic Games in February last year. The company's plan for the trial services, such as 360-degree Virtual Reality (VR) live steaming, was later approved by the International Telecommunication Union (ITU) as an international standard.

After launching the full-scale commercial 5G network, KT plans to focus on five key areas, including smart cities, smart factories, connected cars, 5G media and the 5G cloud. It is collaborating with various companies and the Korean government to develop 5G services for both Business to Business (B2B) and Business to Government (B2G) industries.