South Korea's fixed line telephone operator KT Corporation is planning to invest $1.5 billion in its internet protocol TV (IPTV) business by 2012. -

South Korea’s fixed line telephone operator KT Corporation is planning to invest $1.5 billion in its internet protocol TV (IPTV) business by 2012. The telecom operator is currently offering trial IPTV services including real-time TV programme transmission.

So far, KT has provided only video-on-demand and some interactive features through its internet-powered MegaTV. KT expects to make its IPTV services commercially available by endOctober 2008 and is aiming to break even as early as 2011.

Meanwhile, KT will start negotiations with US-based TV networks to provide more comprehensive news coverage through its IPTV platform.

South Korea’s fixed line telephone operator KT Corporation is planning to invest $1.5 billion in its internet protocol TV (IPTV) business by 2012.

Related Posts

The Central Vigilance Commission (CVC) has cleared the Bharat Sanchar Nigam Limited’s (BSNL) decision to disqualify Nokia Siemens Network (NSN) while selecting vendors for its 93 million GSM line contract.

BSNL extends its broadband and fixed line network transformation contract with UTStarcom

Japan’s four main cellular operators – NTT DoCoMo, KDDI, Softbank Mobile and eMobile ­ are together planning to invest up to $10 billion into 3.9G mobile services in the near future (3.9G performance is roughly comparable with fibre optic networks).

Maxis Communications appoints Ericsson to expand its 3G network

Japan’s four main cellular operators – NTT DoCoMo, KDDI, Softbank Mobile and eMobile are together planning to invest up to $10 billion into 3.9G mobile services in the near future (3.9G performance is roughly comparable with fibre optic networks).