SK Telecom and Alibaba explore business opportunities

SK Telecom and Alibaba CEOs
SK Telecom CEO Park Jung-ho and Alibaba Group chairman Jack Ma have discussed new business opportunities around AI, 5G and next-generation media.

ALSO READ: Latest news from Mobile World Congress 2018

During the meeting at SK Telecom headquarters in Euljiro, Seoul, on Feb. 8, the two heads of companies shared thoughts on the next-generation ICT sector such as AI and 5G, and agreed to seek future business opportunities in areas including the next-generation media and contents.

The two companies will hold a senior leadership level meeting soon.

Alibaba Group, a multinational e-commerce, retail, Internet, AI and technology group in China, recorded $23 billion revenue in 2016 and has a market value of $472 billion.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Zain Wins $747 mn Syria Telecom License, Plans $800 Million 5G and AI Network Investment

Zain Group has secured a 25-year mobile telecommunications license...

TRAI Drive Test: Jio Leads Mobile Network Performance on Jodhpur–Ahmedabad Rail Route, Airtel Delivers Zero Call Drops

Reliance Jio emerged as the top-performing telecom operator in...

New Zealand Mobile Market to Reach $2.2 bn by 2030 as 5G and AI Drive Growth

New Zealand’s mobile market is benefiting from continued investment...

4 Best Systems for Secure Communication in High-Pressure Situations

Communication failures in high-pressure environments can be catastrophic. For...