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S Fuel Cell signed a contract with Hyundai Engineering & Construction to supply a 113kW building fuel cell system for the KT Songpa branch development project in Seoul, South Korea. The contract is worth 2.1 billion won.
KT awarded Ericsson a 5G commercial contract to supply 3GPP standards-based 5G New Radio hardware and software for KT's nationwide 3.5 GHz network. Commercial 5G services are targeted to launch nationwide in early April 2019.
ITcen has signed contracts worth approximately 38 billion won with two KT consortium companies to supply equipment and solutions and build base stations for the national disaster safety network project in South Korea.