Season 2, Korean Teleco’s New Strategy: Penetrating B2B Market
Friday, April 30th, 2010Last week, I had introduced the SKTelcom’s ‘IPE’ as one of the three innovative B2B strategies the major telecommunication companies are taking on. On this issue, I am going to further introduce KT’s ‘S.M.ART’ and LGT’s ‘Taltongshin’ (beyond telecom) projects, which seek to create a converging value between telecommunication and other businesses.
KT’s ‘S.M.ART’
KT’s backbone to its smart strategy consists of network, customer support system, and a fusion B2B marketplace solution, which is equipped with its 3W net(WCDMA, Wi-Fi, WiMAX), satellite communications that has been competitive for decades, and a nation-scale wireless customer support .
KT’s SMART strategy offers the ‘Smart (Smart) 6′; six specific sectors that provide specialized services: Smart Enterprise, Smart SOHO/SMB(Small Medium Businesses), Smart Government, Smart Building, Smart Zone, and Smart Green.
Since January, KT has been constructing a maintenance system for Seoul Metropolitan Rapid Transit Corporation, which allows real time maintenance inspection, fault reporting, check-ins and sending of instructions through voice, text, or pictures (video), in 148 stations of Subway Route 5678.
This enable the Metropolitan Rapid Transit Corporation to manage various operational facilities of the subway Line 5678 on real-time with a mobile phone.
LG Telecom Taltongsin (”beyond telecommunication”)
The last to adopt the B2B model, LG has chosen education, utilities, media& advertising, automotive, and healthcare as its main ‘Taltongshin’ target areas. The project is based on the integrative environment of fixed mobile convergence, convergence of communication and IT solution, and convergence between telecommunication and other industries.
LG Telecom further revealed that it is continuing to negotiate with financial, retail and manufacturing businesses. Hence, LGT is planning to launch a mobile groupware that enhances task productivity with functions such as e-mail and e-payment to attract the corporate market.
The innovative B2B models of these industries are sure to bring telecommunication to the next level, and further boost their prospects for overseas expansion.




