Ericsson and KT sign MoU over IoT Collaboration
Ericsson has signed an MoU with the South Korean operator KT for collaboration in the IoT (Internet of Things) area. KT and Ericsson identified LTE-MTC (Machine Type Communications) network and IoT service based on the network as the collaboration items, considering battery life, coverage and complexity of devices. KT and Ericsson are targeting at 1H, 2016 for verification of LTE-MTC technology and relevant IoT services. Kyounglim Yun, Head of Future Convergence Business Office of KT, said, “KT will keep developing useful and innovative IoT services through strategic partnership we set with Ericsson. I hope the co-work with Ericsson will accelerate the advancement of the future proof IoT network and allow us to quickly reach the customers with useful IoT services.” Arun Bansal, Sr Vice-President & Head of Business Unit Radio, Ericsson, said, “Cellular networks already provide the coverage and performance that is needed to support IoT services, so we look forward to collabora...