South Korea’s KT Corp has revealed a more than 40% plunge in net profit in the second quarter of 2012 amid higher marketing expenses and increased costs associated with the rollout of its Long Term Evolution (LTE) network.
For the three months ended 30 June 2012 the company posted a net income of KRW238 million (USD209 million), down 41.6% from the KRW420.6 million it recorded in the same period a year earlier.
At 30 June 2012 KT’s wireless subscriber base totalled 17.389 million, up from 16.776 million at the same date in 2011, with the company confirming that, having launched LTE at the start of the year, by mid-2012 it had signed up 1.170 million 4G subscribers, up from 351,000 at the end of March 2012.
Showing posts with label KT. Show all posts
Showing posts with label KT. Show all posts
2012-08-02
KT selects Cavium's platform for LTE Small Cell
KT (South Korea) has selected Cavium's OCTEON Fusion platform for the first stage of commercial deployment of LTE small cell.
Carriers can rapidly alleviate spectrum and capacity limitations, and expand their existing LTE macro cell based networks with an overlay of small cells using Cavium’s OCTEON Fusion “base station on a chip” hardware and software platform.
KT has great expertise and experience in LTE Cloud-RAN small cell technology ‘LTE WARP’, which won the LTE Awards of LTE World Summit 2012. The OCTEON Fusion processors combine OCTEON’s scalable L2-L7 multi-core technology, along with purpose-built, highly programmable L1 baseband DSP cores and extensive 3G/4G hardware accelerators, and front end (DFE) functionality in a single chip. These components are connected through a high performance interconnect to enable low-latency data processing between protocol layers. Designed to support 32 to 300+ users LTE/3G.
\\cavium.com
Carriers can rapidly alleviate spectrum and capacity limitations, and expand their existing LTE macro cell based networks with an overlay of small cells using Cavium’s OCTEON Fusion “base station on a chip” hardware and software platform.
KT has great expertise and experience in LTE Cloud-RAN small cell technology ‘LTE WARP’, which won the LTE Awards of LTE World Summit 2012. The OCTEON Fusion processors combine OCTEON’s scalable L2-L7 multi-core technology, along with purpose-built, highly programmable L1 baseband DSP cores and extensive 3G/4G hardware accelerators, and front end (DFE) functionality in a single chip. These components are connected through a high performance interconnect to enable low-latency data processing between protocol layers. Designed to support 32 to 300+ users LTE/3G.
\\cavium.com
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