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MSIT and GSMA to Work Together in Globalization of 5G Convergence Services of Korea (February 27)

- MSIT and GSMA to sign MoU on 5G cooperation

- Establish cooperation platform (220 countries worldwide) for entering into 5G global market

The Ministry of Science and ICT (MSIT) announced it signed a MoU on promoting mutual cooperation in the fields of 5G and 5G convergence services with the Global System for Mobile Communications Association (GSMA) in Barcelona, Spain in the afternoon of February 26 (local time).

The MSIT has invested a total 86.3 billion won from 2018 to 2020, as to implement pilot project of 5G convergence services, such as smart transport, smart city, smart factory, public safety and realistic media.

With the signing of the MoU, the GSMA plans to analyze 5G convergence service policies and business cases of Korea, which plays a leading role in the world and carry out activities to share it with the rest of the world.

This has led Korea to set up a cooperation platform (220 countries worldwide) for Korean-made 5G terminals, equipments and services to advance into global market and ultimately contribute to “5G territory” of Korea to spread globally.

Minister You Young Min of Science and ICT said, “with the world’s first 5G commercialization and the signing of MoU with the GSMA, we hope to establish a global standard, which will contribute to creating a whole new world with 5G.”

Director General Mats Granryd of the GSMA responded by saying, “as a follow-up measure to the signing of the MoU, the APEC 5G Summit will be hosted in Korea.”

The GSMA was set up in 1987 and has over 750 members (SKT, KT etc.) in around 220 countries across the globe and it plays a central role in setting major trends and directions of international mobile communication industries.

Meanwhile, the MoU between the MSIT and the GSMA could be signed this time, thanks to the bilateral meeting between Minister You and Director General Mats Granryd last year at the Mobile World Congress (MWC) 2018 where the two sides agreed on the importance of setting 5G as the global standard.

In the Ministerial Program 2018, Minister You introduced Korea’s 5G commercialization strategies and proposed ways of global cooperation between the Korean government and the GSMA. Director General Mats Granryd responded positively to increase cooperation with Korea, by recognizing pilot service of 5G mobile communication that has been showcased at the Pyeongchang for the first time in the world.

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