The lab will provide IoT-related technical expertise to small and medium-sized partner companies. The initiative is based on a memorandum of understanding signed by both companies at Mobile World Congress 2015. Both companies agreed to implement a LTE-M field trial by the fourth quarter of 2015.
"Together with Nokia Networks, we are leveraging upon the convergence of IT and telecommunications to hasten our transformation into an ICT powerhouse. Furthermore, this lab is a strong iteration of our vision to become the number one player in Korea's IoT market,” said Yun Kyoung-Lim, head of future convergence business office at KT.
“Our efforts are aimed at encouraging greater participation by domestic companies, which are a crucial factor in driving the change towards a creative IoT-based economy."
The virtual environment is said to enable interworking and network verification on Nokia Networks’ LTE infrastructure. The lab is said to also provide technical assistance to small and medium-sized Korean partner companies to help them enter global markets.
