LG UPlus outlines LTE development plans
An executive from South Korea’s number three operator LG UPlus has said its LTE network will cover 94 percent of the country, reaching 84 cities in eight counties by the end of 2011, reports South Korean newspaper the Dong-A Ilbo.
SK secures US3B stake in Hynix Semiconductor
South Korea’s number one operator SK Telecom is to acquire a KRW3. 427 trillion (US$3. 05 billion) stake in Hynix Semiconductor, reports Dow Jones Newswires. SK Telecom said it will buy 101. 85 million new Hynix shares at KRW23,000 each, a 14.
iPhone 4S to arrive in South Korea on 11 November
South Korea’s top two operators SK Telecom and KT will both launch the latest iPhone 4S on 11 November. Pre-orders for the Apple device, unveiled in early October, will begin in the country this Friday.
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