Telecommunication

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U earnings call for the period ending June 30, 2022.

Apart from Apple and Google, the KCC is also investigating SK Group’s homegrown app store called ONE Store. The watchdog said that it had looked into the practices of all three app stores since May 17 and determined that they might have breached the country’s telecommunication act passed last year.

5G is reversing the declining ARPU trend. But intense competition and the lack of killer apps hinder 5G from significantly increasing ARPU. Telcos, including SKT, look beyond the traditional business model to ramp up their growth trajectory. While it is too early to judge, the numbers are showing good signs so far.

The company’s EV chargers also support a number of IoT and telecommunication applications. U.K. firm Connected Kerb says it has been selected to deliver on-street electric vehicle (EV) chargers for a pilot project in New York. This project is part of the DOT Studio, which is a collaboration between...