Indonesia’s largest telecom operator PT Telekomunikasi Indonesia Tbk (TLKM) and SK Telecom (NYSE:SKM) of South Korea, have signed a memorandum of understanding (MoU) to cooperate in new business areas including IoT, media and smart products such as Lifeware.
By Chalida Ekvitthayavechnukul
Thailand’s state-owned CAT Telecom is forming a joint venture with South Korea’s telecom operator SK Telecom to offer an e-payment gateway service to serve rapidly-growing demand of online business in Thailand.
Mobile equipment maker Nokia sees the shift to the next generation of 5G wireless networks kicking off well ahead of 2020, the year when many in the industry consider mass-market upgrades will begin, its chief executive said on Sunday. Chief Executive Rajeev Suri said the company plans to pick up investment… Read more »
Stepping on its second year, online shopping Elevenia has raised fresh funding US$50 million from Indonesia’s second largest mobile operator PT XL Axiata Tbk (EXCL), with participation from SK Planet — a subsidiary of South Korea’s largest mobile carrier SK Telecom.
Singapore-based social media venture Migme has raised a fresh round of funds through a placement and acquired two Indonesian firms, as part of its growth activities. Additionally, the South Korean chaebol, SK Group, has raised a new $25 million fund targeting agribusiness and fisheries ventures, as part of a broader… Read more »