World Bank learns KT’s 5G knowhow
High-level World Bank officials visited KT, Friday, to learn about the telecom firm’s fifth-generation (5G) network technologies and reflect these in its future policy of introducing 5G in developing countries, according to the company.
Makhtar Diop, the World Bank’s vice president for infrastructure, and Boutheina Guermazi, director of digital development, toured the mobile carrier’s R&D center in Seoul, along with Ryu Je-myung, a director from the Ministry of Science and ICT.
Diop is currently preparing communications policies for energy, transportation, digital development and financial support for infrastructure as well as the launch of 5G network services in low- to middle-income countries. Ryu has been dispatched to the World Bank and leads a project to come up with policies for these goals.
During the tour, the nation’s largest broadband service provider and second-largest mobile carrier, showcased a variety of 5G technologies, including systems for enterprises, cloud computing and smart factory systems.
The World Bank officials also checked out the telecom company’s media services utilizing augmented and virtual reality technologies; disaster and safety management; and energy and transportation systems such as self-driving technology.
Diop discussed the company’s 5G-based future businesses and its role in the ICT sector to contribute to the development of developing countries with KT officials including Jeon Hong-beom, executive vice president who heads the Institute of Convergence Technology.
“KT played a leading role in the nation’s launch of the world’s first commercial 5G network services and has since applied 5G infrastructure to a variety of industries,” Jeon said. “KT will cooperate with the World Bank so our innovative technologies can contribute to the economic growth of developing countries.”
Diop said KT’s advanced 5G systems and their application in a wide range of areas were impressive, adding that 5G is expected to contribute to resolving various pending issues in agriculture, energy and healthcare.
In October last year, the World Bank jointly held the Digital Development Partnership Workshop in Seoul with the Ministry of Science and ICT in a bid to give developing nations an opportunity to learn from Korea’s rapid transformation and digital development experience.
At the time, approximately 40 representatives from over 25 countries including Angola, Indonesia and Uzbekistan participated in the workshop.
Makhtar Diop, right, the World Bank’s vice president for infrastructure, listens to a KT employee’s explanation about the Korean firm KT’s 5G technologies during his visit to the telecom firm’s R&D center in Seoul, Friday.