SK Telecom, KT increase investment in WiBro

www.WirelessFederation.com/news: The investments in WiBro services has been planned to be expanded by South Korean communications firms SK Telecom and KT plan. KRW 140 billion this year and KRW 160 billion in 2011 will be invested by SK Telecom while KT has also increased its WiBro investment plan to KRW 1.2 trillion, from an earlier projection of KRW 1.1 trillion by the end of 2011.

The announcement follows a previous announcement by KCC that would give spectrum in the 800/900 MHz band to the company that allocates a bigger budget for WiBro.

At present, WiBro is only available in and around capital Seoul and a few other cities