SKT rounds out media deals - Mobile World Live

SKT rounds out media deals

30 APR 2019

SK Telecom (SKT) completed a hat-trick of partnerships with South Korean broadcasters, as it looks to develop media products and supporting business models based on 5G.

The operator said it signed a deal with SBS, a television channel operated by Seoul Broadcasting System, for the joint development of “innovative” media businesses. SKT added it has now entered into agreements with the country’s top three terrestrial broadcast stations, following earlier deals with KBS and MBC.

Applications touted include 5G-based 4K (UHD) live broadcast systems; trials of sport and event broadcast; “5G-based innovative content”; and the exploration of possibilities around digital advertising, augmented reality and holograms.

The agreements with television channels follows a partnership with Sinclair Broadcast Group, one of the largest US broadcast companies, to establish a joint venture intended to lead the next-generation broadcast market in the US.

With South Korea a pioneer market for the availability of 5G networks, the country’s operators are also working to develop new applications and business models to make use of the infrastructure. Earlier this week, SKT announced a deal to target the healthcare market.

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