Mobile telecommunications operators -such as KT, SK Telecom, and LG Telecom- are quite busy with an assortment of new moves. SK Telecom is poised to launch a full-court press for boosting B2B sales.
Jung Man-won, president of the leading wireless telecom operator, stressed that through the IPE (Industrial Productivity Enhancement) business, set up on Dec 18, 2009, SK Telecom aims to forge concrete and tangible business partnerships with its 181 automatic roaming partners, and to lay the foundations for making IPE success stories on the international stage, thereby transforming SK Telecom to an integrated service provider. President Jung also emphasized that operations in China need to be stabilized at an earlier date to expand businesses and establish the convergence and Internet (C&I) Division's growth options from a new perspective.
On the other hand, LG Telecom will announce the gist of its new year's management plan in a press conference, slated to be held on January 6th. In celebration of 2010 as the first year of the bulked-up LG Telecom, which absorbed fixed-line operator LG Dacom and broadband Internet provider LG Powercom, CEO Lee Sang-chul will touch upon his determination to redraw the market landscape through strategies to drift away from the voice market and to provide IT services on a broader basis. At the upcoming press conference, CEO Lee will officially name new presidents of the business divisions and declare business lineups. The outline of the mobile carrier's veiled M&A project is also expected to be brought to light on that occasion. Considering CEO Lee's business style, those close to him predicted that he would roll out a much bigger picture than imagined.
This year, KT, South Korea's biggest fixed-line telecommunications company, is projected to go through a major reshuffle at the tail of its large-scale early retirements. Against this backdrop, KT is likely to spur business cooperation between smart grids, Mobile to Mobile (M2M), and IMO (communications infrastructure outsourcing services) while staying focused on its fixed-mobile convergence (FMC) service QOOK & SHOW. Investment in 3W (Wi-Fi, WiBro, and W-CDMA) will be expanded.
