Drives the evolution of Internet of Things (IoT) ecosystem by verifying potential IoT devices used with Nokia Networks infrastructure Enables Korean companies to enter global markets using Nokia Networks’ global business channels Includes IoT contest to vitalize Korea’s ecosystem Seoul, South Korea – 20 July 2015 KT, one of Korea’s leading operators, has joined forces with Nokia Networks to set up the country’s first IoT lab, a pioneering initiative that underlines the companies’ commitment to foster a “Programmable World” through the convergence of IT and Telecommunications. The country’s first lab will provide IoT-related technical expertise and knowledge to small and medium-sized partner companies to lay a strong foundation for the creation of an ecosystem where everyone and everything is connected. This initiative is based on a Memorandum of Understanding (MoU) signed by both companies during MWC 2015. KT and Nokia Networks also agreed to implement the world’s first LTE-M field trial by Q4 2015. Click to Tweet: KT and @nokianetworks launch Korea's first IoT lab nokia.ly/1K8W3j5 #NetworksPerform Key highlights: Virtual environment to enable interworking and network verification on Nokia Networks’ LTE infrastructure Technical assistance to small and medium-sized Korean partner companies to help them enter global markets Various activities at the lab to promote IoT and build a robust knowledge base Yun Kyoung-Lim, Head of Future Convergence Business Office at KT, said: “Together with Nokia Networks, we are leveraging upon the convergence of IT and Telecommunications to hasten our transformation into an ICT powerhouse. Furthermore, this lab is a strong iteration of our vision to become the number one player in Korea’s IoT market. Our efforts are aimed at encouraging greater participation by domestic companies, which are a crucial factor in driving the change towards a creative IoT-based economy.” Andrew Cope, Head of Korea at Nokia Networks, said: “Executing upon an agreement signed at MWC15, Nokia Networks and KT have taken another step forward on an exciting journey that will culminate in the creation of the ‘Programmable World’ in Korea and beyond. After showcasing the world’s first LTE-M* for interconnection of sensors, we have now created Korea’s first IoT lab – a solid proof-point of our commitment to standardize LTE-M and create a strong and sustainable IoT ecosystem.” Did you know? Operators can deploy LTE-M with a simple software upgrade on their existing LTE networks Click Nokia IoT explosion of possibilities and Nokia IoT Technology for pictures illustrating the Internet of Things Resources: Webpage: 5G and Internet of Things Article: How mobile networks will empower the Internet of Things Webinar: Security and privacy for the Internet of Things (IoT) Whitepaper: LTE M2M - Optimizing LTE for the Internet of Things Blog: LTE-M — the best choice for Internet of Things connectivity Press Release: Nokia Networks to power Internet of Things with 5G connectivity and network security, Nokia and KT sign agreement for the ‘Programmable World’ Connect with Nokia Networks: Website Blog Twitter YouTube LinkedIn Facebook TAGS: Internet of Things, IoT, LTE-M, Korea, KT About KT Originally founded in 1981 as a public corporation named Korea Electrical Telecommunications, KT is now the leading telecommunication corporation in Korea. KT provides a wide range of services, from local telephone and mobile LTE-network services to GIGA-level high speed internet services. Moreover, KT is leading its way to be a global ICT convergence leader by converging network, IT, media, and contents to provide Smart-Life which will connect us and the things around us. Please visit www.kt.com for more information. About Nokia By focusing on the human possibilities of technology, Nokia embraces the connected world to help people thrive. Our three businesses are leaders in their fields: Nokia Networks provides broadband infrastructure, software and services; HERE provides mapping, navigation and location intelligence; and Nokia Technologies provides advanced technology development and licensing. www.nokia.com Nokia Networks, which provides broadband infrastructure, software and services, operates at the forefront of our industry. From the first ever call on GSM to the first call on LTE, we have set the pace of innovation, a record that continues with future technologies such as 5G. Together with our operator customers, who serve close to 5 billion subscribers, we are embracing the opportunity of the connected world and helping to solve its challenges. http://networks.nokia.com/ Media Enquiries Nokia Networks Cordia SoMedia RelationsPhone: +852 9747 5873E-mail: cordia [dot] so [at] nokia [dot] com Nokia CommunicationsPhone: +358 (0) 10 448 4900E-mail: press [dot] services [at] nokia [dot] com Notes:* LTE-M or LTE for machine-to-machine communications, is a new LTE variant and pre-5G technology that is to be integrated into 5G. It provides a battery life of more than 10 years, 15 dB additional coverage and minimal device costs, and is the key enabler for connecting the billions of sensors and machines to the network that are needed for the Internet of Things. Nokia Networks demonstrated a live LTE-M solution prototype at the KT booth at Mobile World Congress 2015.
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