SK Telecom is teaming up with Samsung Electronics to lead 5G network mobile communications technology. The two companies signed a MOU to start joint research on 5G network technology and service development. The two companies agreed to cooperate mainly to share 5G vision with standardization groups and technology forums in and out of South Korea, define and select frequency band suitable for implementation of 5G technology, conduct R&D and experiment on enabling technologies including the next generation small cell, massive MIMO and next-generation modulation/ demodulation, and develop large-volume and high-quality services of 5G and IoT.

Although no requirements or technical specifications have been globally agreed upon yet, 5G is widely conceived to be a set of telecommunication technologies and services that support a 1000 times more data capacity as LTE at speeds higher than 1Gbps per user over a densely-connected network.

SK Telecom is considering to develop different services available anytime and anywhere based on giga-bit level data rates. The services include AR (Augmented Reality)/ VR(Virtual Reality), tele-presence and realistic service such as hologram.

In addition, the company plans to develop Advanced-IoT technology to enable hyper-connected services that connect all objects and humans for interaction without limitation of time and place.