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Companies Partner for IoT Innovation Lab

KT has joined forces with Nokia Networks to set up what it describes as Korea's first Internet of Things (IoT) lab in a bid to help the South Korea-based operator fulfil its goal of becoming "the number one player in Korea's IoT market". The lab will provide IoT-related technical expertise and knowledge to small and medium-sized partner companies to help foster a connected digital ecosystem. This initiative is based on a memorandum of understanding (MoU) signed by both companies during this year's Mobile World Congress (MWC). KT and Nokia Networks also agreed to implement the world's first LTE-M field trial for the interconnection of sensors by the fourth quarter of this year.

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