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KT brings the next technological revolution into space and North Korea

Tuesday, Jun 12, 2018

KT Corp., South Korea's largest telecommunications company, announced today that its satellite operator will do its utmost to bring the next technological revolution to space and the Korean peninsula.

KT SAT Co., Ltd., Korea's only satellite service provider, aims to become the world's seventh largest satellite operator by 2025 from its current 18th place. To achieve this, the focus has been placed on the use of the latest 5G mobile technologies in space - quantum cryptography will be used in satellite communications and a blockchain service will be provided for secure data exchange.

KT SAT expects to launch its satellite service in North Korea, a potential market for communications and broadcasting networks, due to the recent positive developments in relations between the two Koreas. KT Corp. has set up a special working group to support cooperation between the two Korean states and to enhance ICT exchanges following the landmark North-South Korea summit in April.

"KT SAT is a leader in the global space market in the Korean space industry, writing a new chapter in the country's history," said Chief Executive Officer Hahn Won-Sic at a press conference on June 7 at the Kumsan Satellite Service Center, the first Korean satellite earth station. "If everything goes according to plan, KT SAT can deploy and deploy the telecommunications and broadcasting infrastructure in North Korea with the help of its satellites."

KT SAT was founded as a KT subsidiary specializing in satellite services when Korea's leading telecommunications provider outsourced its satellite business in 2012. With the launch of KOREASAT-7 and 5A last year, the company is strengthening its position as a leading global service provider.

KT's first satellite operator currently has five satellites. The newest, KOREASAT-7 and KOREASAT-5A, were launched in May and October 2017, respectively. KOREASAT-5A has extended the range of KT SAT from the Korean peninsula to the Philippines, to Indochina, the Middle East and parts of South Asia. KOREASAT-7 extends to the Philippines, to Indonesia, Indochina and India.

Originally, KT SAT's core business was the rental of satellite transponders on the domestic market, until it came to a worldwide upswing in 2015. The company's customer list has expanded from 13 customers in three countries to 22 customers in seven countries, and satellite coverage has also had a positive impact on sales.

As an ICT pioneer, KT SAT strives to bring high-speed Internet services to locations where they are mostly unavailable, such as in-flight Wi-Fi, also known as in-flight connectivity.

Thanks to a two-way satellite ground station known as "Very Small Aperture Terminal", MVSAT (Maritime Very Small Aperture Terminal), KT SAT is also the largest Korean provider of maritime telecommunications services, providing unlimited access to data at sea at a fixed rate in contrast to previous fees, which were based on the amount of data used.

For its expansion overseas, KT SAT is advancing on the global MVSAT market with its KOREASAT-5A, its high-performance, dedicated broadcasting jets for global maritime communications, covering the East Korean Sea, the South and East China Sea, the Bay of Bengal and the Arabian Sea cover.

 

Source: prnewswire.com

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