KT Corp, South Korea's No.2 mobile carrier, said on Thursday that it plans to become the top shareholder of credit card processing firm BC Card, betting on mobile payment services to generate new revenue.
KT (Seoul) said in a statement that its board had approved its planned purchase of a combined 33.85 percent stake in BC Card from Woori Bank and Shinhan Card.
As cell phone penetration in the US hits 95% (100% if you rule out kids under 5 years of age), the battleground for the largest telecom carriers has shifted to machine-to-machine (M2M) communications. And it looks like AT&T (Dallas, TX USA) has just gotten its nose ahead in this race, adding almost 2 million devices in Q4 2010. (Note: this includes consumer and computing devices like eReaders, tablets and laptops.)
Join the M2M Zone in Orlando Florida at International CTIA WIRELESS 2011 March 22-24, 2011 at the Orange County Convention Center, Orlando Florida. The convergence of more than 1,200 exhibiting companies representing all facets of the wireless industry, where more than 40,000 professionals from over 125 countries meet, all working toward the common goal of revolutionizing the wireless industry.
Join the M2M Zone Pavilion and Conference at CeBIT, 1 - 5 March 2011 in Hannover, Germany. There is simply no other trade show where M2M companies can meet with high number of key enterprise executives from a variety of vertical industries like automotive & fleet management, telehealth, energy & utilities, public infrastructure, telecommunications, and security and defense.
ITU Telecom World 2011 is a forum for change. It's a place where the world's telecommunications leaders come together to map out and shape the future of the industry, to make the right decisions with significant impacts on our world. Geneva, CH http://world2011.itu.int/
Machine-to-machine communication is benefitting from strong wireless carrier support, dropping cost of connections and modems, and growing global low-bandwidth data networks. This meeting will bring together the carriers, network consolidators, manufacturers, vertical experts, and the startup companies that are pushing this wireless segment into the future.
Santa Clara, US
Influential players from the European and UK Landscape will come together to look at and discuss the importance of Smart Grid Deployment, and the risks associated with digital modernized electricity networks.
In its inaugural year, Cyber Security for Government Asia 2011 will bring together international and regional speakers to discuss emerging trends in cyber security, how this will affect public sector information security and what measures can be taken to ensure a secure IT infrastructure.
Iridium Communications Inc. (McLean, VA, USA) has signed agreements with five new partners to market Iridium-based solutions for the mobile machine-to-machine sector. The company hopes these new partnerships will open up numerous customer opportunities.
Iridium--formerly "Iridium Satellite LLC"--operates a network of 66 active orbiting satellites used for worldwide voice and data communication from handsets and other transceivers.
The number of global users of telematics smartphone applications will explode from 3.2 million in 2011 to 129 million in 2016, with North America as the dominant region, according to the latest ABI Research (New York) forecasts.