5. Globalization

Description:

As the domestic subscriber is saturated, operators want to expand their service in global. SKT developed global market in Mongol, Vietnam, UK, America, China etc. Globalization includes various actions such as foundation of local company, purchase of stock, consulting and construct network, platform sales, etc.

Enablers:

1. advanced technology and service in Korea.
2. experienced manpower in consulting, service and development, etc.
3. huge capital
4. global standard compliance

Inhibitors:

1. poor capital
2. local standard

Paradigms:

1. Making the services and products considering global market from scratch.
2. Realizing the importance of global standard compliance
3. Increasing global alliances

Timming:

2006: SKT established a joint venture company, Helio with EarthLink, an Internet service provider (ISP) in the U.S in 2006.
2005: KTF took the partnership with NTT DoCoMo for Promotion of W-CDMA in Dec 2005.
2004: SKT and China Unicom established a joint venture company in Feb, 2004.
2003: KTF invested $10 million in Indonesia's ‘PT Mobile-8 Telecom’ in Oct 2003.

Web Resources:

1. http://www.sktelecom.com/eng/about_skt/overseas/global/index.html
2. http://www.ktf.com/front/IR/eng/