South Korean operator will work with MobiledgeX to develop 'new business models and revenue opportunities leading into 5G.'

December 14, 2018

2 Min Read

MENLO PARK, Calif. -- SK Telecom (NYSE: SKM), the largest mobile operator in South Korea, announces an agreement to partner with MobiledgeX to enable a new generation of connected devices, content and experiences, creating new business models and revenue opportunities leading into 5G.

“In the 5G era, Mobile Edge Computing will be a key technology for next-generation industries including realistic media and autonomous driving,” said Jong-kwan Park, Senior Vice President and Head of Network Technology R&D Center of SK Telecom. “Based on this partnership, SK Telecom will continue to drive technology innovations to provide customers with differentiated 5G services.”

The relationship between SK Telecom and MobiledgeX reflects an aligned vision for the future of mobile operators as key players in future mobile application development, performance, security, and reliability. This vision is shared by leading cloud providers and device makers working with MobiledgeX to seamlessly pair the power and distribution of mobile operator infrastructure with the convenience and depth of developer tooling of hyperscale public cloud and the scale, mobility and distribution of billions of end user devices.

“Deutsche Telekom created MobiledgeX as an independent company to drive strategic collaboration across the world’s leading telecoms, public cloud providers, device makers and the surrounding ecosystem - enabling a new era of business models, operating efficiencies and mobile experiences. We are particularly excited to announce SK Telecom’s participation in this collaborative ecosystem where everybody wins. SK Telecom is a global leader in 5G which follows their rich tradition of innovation within their network, strategic partnerships and developer engagement. This new era is underway,” says Eric Braun, Chief Commercial Officer of MobiledgeX.

MobiledgeX is focused on delivering developer-facing edge cloud services and bringing mobility to those services, dynamically placing application back-end as close to mobile devices as possible and removing them when not needed. MobiledgeX, Deutsche Telekom and Intel have partnered with Telecom Infra Project (TIP) to form an Edge Application Developer project group (see here) to ensure the gained insights and supporting source code are available to all. This is a new opportunity for everyone presented as a consequence of $2 trillion of CAPEX investment in network infrastructure over the past 10 years and the virtualization of the network from the central offices to the towers.

MobiledgeX Inc.
SK Telecom (Nasdaq: SKM)

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