SKT partners with communications tech company targeting B2B market for 5G MEC service

By Park Sae-jin Posted : August 23, 2021, 15:22 Updated : August 23, 2021, 15:22

[Gettyimages Bank]

SEOUL -- South Korea's largest mobile carrier SK Telecom has partnered with domestic telecommunications solution companies targeting the business-to-business (B2B) market for 5G mobile edge computing (MEC) services. An MEC solution provides access points with ultra-low latency for 5G devices

Unlike commercial 5G services for normal smartphone and other smart device users, the B2B market for 5G targets enterprises and individuals that require high-security dedicated 5G networks that cover a relatively small area like a smart factory or a drone operation zone. Because 5G data communication offers about 100 times faster data transfer speed than that of 4G's, it is ideal for relaying ultra-high-definition video images and large chunks of data.

An MEC solution includes computing infrastructure that works as a mobile data center designed to reduce bottleneck phenomena at the main server. The solution offers cloud capabilities and an information technology service environment at the edge of cellular networks. The mobile data center is set up near the sources of data such as internet of things (IoT) devices and connected machines inside a smart factory.

SK Telecom (SKT) said in a statement on August 22 that the company signed a memorandum of understanding with domestic 5G communications technology and solution companies HFR and NTELS to cooperate in the development of 5G MEC services that are tailor-made to match the characteristics of enterprises.

"We will provide industry-specialized 5G MEC solutions targeting various global enterprises and public companies," SKT CTO Kim Yun was quoted as saying. SKT will develop new service products and manage the operation of the business while HFR develop global network interlink technology and operate foreign sales channels. NTELS will manage the platform development, maintenance, and the customer service.
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