KT, the South Korean WiBro service provider is developing M2M or Machine-to-Machine services in an attempt to boost WiBro service market. M2M services are based on communications between machines and used for remote measurement systems for gas or electricity and onboard video advertising on the bus and the subway.
Quoting a number of market research reports, KT says the world M2M service market will grow over 31% by 2012. The telecom operator expects M2M will open up new market opportunities for WiBro, the IP-based wireless braodband service.
Meanwhile, KT announced the launch of KT WiBro Biz Alliance aimed at creating business opportunities through collaboration between WiBro and other industries. The Biz Alliance Center run by KT will facilitate the whole process of collaboration from finding new business models across different areas to brining the ideas into profit-making businesses.
KT will enlist cooperation from partner companies not only for module- and service-development but also for service customization and channel distribution, and thereby broaden the horizon for WiBro service.
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