SKT, T-Systems JV
September 13, 2007
SK Telecom, South Korea’s top mobile operator, has reached a preliminary deal with T-Systems, a unit of Deutsche Telekom, to jointly enter the mobile broadcasting market in Europe and Asia.
“SK Telecom and T-Systems are planning to cooperate on a variety of mobile TV technologies,” SK Telecom said. SK Telecom has been looking to overseas markets for growth. Almost nine in 10 South Koreans already have a mobile phone and there is little room for domestic expansion.