Barcelona, february 29, 2016.- south korea’s largest telecommunication company, kt corporation, has chosen barcelona to launch its international sales of a new technological device which up to now was only used in korea. it is called giga wire and provides ultra-wide band internet service with existing copper line.
within the framework of the mobile world congress (mwc), being held in barcelona last week, the government of catalonia –through catalonia trade & investment agency– signed a memorandum of understanding with the south korean company to give support to kt in its european entrance strategy plans. this decision, for the catalan government, reinforces the positioning of catalonia as a point of reference in europe in the ict sector and is a clear example of the driving force of the mobile world congress.
the kt project has been handled from the catalonia trade & investment offices in barcelona and from the office located in seoul. this is one of the 36 catalan trade and investment delegations around the world which cover a total of 90 different markets. with over 23,000 workers, kt corporation is south korea’s largest and most important telecommunications company.