SK Telecom and Telekom Indonesia to cooperate on IoT
May 18, 2016
SK Telecom has signed a memorandum of understanding (MoU) with Telkom Indonesia, the largest telecommunications services company in Indonesia, to cooperate in new business areas including IoT, media and smart products, such as Lifeware, the South Korean company’s consumer-centric smart devices.
Under the MoU, the two companies will work together to develop business opportunities in the areas of smart city and IoT services. To this end, SK Telecom plans to introduce to Telkom its IoT platform ThingPlug and share its knowhow in deployment and operation of LoRa networks with the aim to develop jointly IoT technologies and services that are tailored to the Indonesian market and customers. Building on this, the two companies will also discuss the idea of a joint venture for their IoT business within the next two years.
“Through the MoU, SK Telecom will work closely with Telkom to develop mutually-beneficial business opportunities in diverse areas including IoT, smart city and media,” said Lee Eung-sang, executive vice president at SK Telecom. “Building on this partnership, the two companies will continue to make joint efforts to expand their presence beyond the Indonesian market.”
SK Telecom and Telkom also agreed to collaborate in the development of cloud-based TV services for Telkom customers by using SK Telecom’s cloud streaming media service.
Provided by SK Telecom’s wholly-owned subsidiary Entrix, the cloud streaming service enables media companies including cable, TV and, IPTV service providers to realise a high-performance, high-quality service regardless of set-top box performance or specification. It is said to enhance content transmission speed by using cloud servers to handle data, thereby improving user convenience and satisfaction.
Furthermore, the two companies agreed to work together to introduce SK Telecom’s UO Smart Beam laser pico projector to the Indonesian market. Going forward, SK Telecom plans to join hands with Pins, Telkom’s distribution subsidiary, to launch more UO-branded products – including UO Smart Beam 2 (pico projector) and UO Linkage (portable hifi audio) – in Indonesia.
The MoU signing ceremony took place at Telkom headquarters in Jakarta and was attended by Lee Eung-sang and Indra Utoyo, chief innovation strategy officer of Telkom.