Digital TV News: Korea Telecom

Pay TV revenues in Korea expected to continue to grow
Dec 22, 2020 – The Pay TV market in South Korea is expected to reach US$7.2bn in 2025, mainly driven by subscription growth in IPTV services as well as in overall pay TV ARPU, according to GlobalData.
News categories: GlobalData, Aasif Iqbal, Digital TV, Korea, Market Research

SVOD and T-VOD drive Korean market to new levels
Apr 6, 2020 – According to Futuresource, 'Super Premium VOD' continues to propel South Korea to be one of the leading transactional VOD markets in the world. The offering allows Korean customers to rent film titles as early as 4 weeks post cinema release.
News categories: Futuresource, Tristan Veale, Digital TV, Korea, Market Research, Streaming

Pay-TV revenues in S. Korea to grow at a CAGR of 0.7% over 2019-2024
Dec 30, 2019 – Total telecom and pay-TV services revenue in South Korea is expected to decline at a CAGR of 0.3% between 2019 and 2024. Growth in mobile data, fixed broadband and pay-TV segments’ revenues will fail to offset other declines according to GlobalData.
News categories: GlobalData, Deepa Dhingra, Digital TV, Korea, Market Research

Global Smart Home market to surpass $100 billion in 2019
Sep 25, 2019 – Strategy Analytics projects that consumer spending on smart home related hardware, services and installation fees will reach $103 billion in 2019 and grow to $157 billion by 2023. The company predicts that spending on devices will account for 54% of the total in 2019.
News categories: Strategy Analytics, Jack Narcotta, Bill Ablondi, Market Research, Smart Home, Worldwide

KT launches world’s first commercial 5G network
Apr 12, 2019 – KT (KRX: 030200; NYSE: KT) has officially launched the world’s first nationwide commercial 5G wireless network in South Korea, ushering in a new era of super-fast and ultra-reliable connectivity for consumers and businesses.
News categories: KT Corp, Lee Pil-Jae, 5G, Content Distribution, Korea

TVU Networks and KT to establish 5G UHD broadcast network in Korea
Mar 20, 2019 – TVU Networks has announced a partnership with KT to bring UHD broadcast over KT’s 5G enterprise network. Under the agreement, KT and TVU Networks will work together to establish an enterprise 5G network and related broadcast capabilities in Korea.
News categories: TVU Networks, KT Corp, Paul Shen, Park Hyun-Jin, 5G, Content Distribution, Digital TV, Korea

Asian pay TV subscribers with 4K STBs reached 53.6 million in 2017
Mar 30, 2018 – According to Dataxis, the number of Pay TV subscribers in Asia owning a 4K set top box reached 53.6 million at the end of 2017. So far, more than 30 Pay TV operators have launched 4K set-top-boxes in Asia.
News categories: Dataxis, Australia, China, Digital TV, Hong Kong, Indonesia, Japan, Korea, Market Research, New Zealand, Set Top Box, Taiwan

KT unifies UX with Alticast Apex virtualization platform
Oct 3, 2017 – Alticast has announced that Korea Telecom is using Apex, Alticast’s user experience (UX) virtualization platform, to bring rich, uniform experiences to its set-top boxes. KT is using Apex to deliver a UX for both linear and on-demand content.
News categories: Alticast, Korea Telecom, Joonhee Oh, Jingi Choi, Digital TV, IPTV, Korea, Set Top Box, UX

KAONMEDIA STB with AI home assistant deployed by Korea Telecom
Feb 22, 2017 – KAONMEDIA's AI-based TV set-top box has been successfully commercialized by Korea Telecom. GiGA Genie, an IP set-top box, provides home assistant and home IoT services alongside TV set-top box features.
News categories: KAONMEDIA, KT Corp, Digital TV, IPTV, Korea, Middleware, Set Top Box, Smart Home