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Alcatel-Lucent and Korea's KT sign collaboration agreement to deliver 5G mobile networks of the futurePARIS, May 19, 2015 /PRNewswire/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) has signed a memorandum of understanding with South Korean telecommunications provider, KT, under which the companies will collaborate to test technologies for the eventual introduction of 5G mobile networks and infrastructure capable of meeting the huge connectivity demands expected in the future. The collaboration will initially focus on Alcatel-Lucent's virtualized Radio Access Network (vRAN) technology. At Mobile World Congress this year, Alcatel-Lucent demonstrated how its vRAN capability could help operators dynamically meet changing customer, market and environmental demands while enhancing network performance and lowering costs. Amid the exploding demand today for data caused by smartphones and other mobile devices, and increasingly via technologies such as 'the Internet of Things' and machine-to-machine networks, 5G technology promises greater speeds, capacity and flexibility, enabling mobile operators to meet the data demand in a highly personalized way. It will also deliver a completely 'untethered' experience, enabling people and connected devices to access any information from anywhere and in any way they choose. South Korea has a strong appetite for data: according to the Ministry of Science, ICT and Future Planning at the end of February 2015 72% of mobile subscribers were smartphone users.1 KT wants to leverage the flexibilities and efficiencies promised by 5G to offer subscribers a high-quality seamless mobile broadband experience, with new differentiated and personalized revenue-generating services. Key Facts
DongMyun Lee, CTO and Senior Vice President of KT said: "KT recognizes Alcatel-Lucent as a global leader in vRAN and SDN. We are eager to use their vRAN and SDN technology to help us implement the 5G architecture that we have defined in our GiGatopia Vision." Chi Il Yoo, Head of Alcatel-Lucent Korea said: "Alcatel-Lucent has a long-history of innovating to solve the world's biggest communications challenges. We are fully aligned with KT's vision and committed to help KT in its strategic network evolution. We see NFV technologies, such as vRAN as a vital step in this evolution and by working with KT we are further underlining our leadership in this area." About Alcatel-Lucent (Euronext Paris and NYSE: ALU) For more information, visit Alcatel-Lucent on: http://www.alcatel-lucent.com, read the latest posts on the Alcatel-Lucent blog http://www.alcatel-lucent.com/blog and follow the Company on Twitter: http://twitter.com/Alcatel_Lucent. 1 http://www.itstat.go.kr/stat.it?no=1444 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alcatel-lucent-and-koreas-kt-sign-collaboration-agreement-to-deliver-5g-mobile-networks-of-the-future-300085007.html SOURCE Alcatel-Lucent |