South Korean telco KT Corp has partnered with China Mobile to boost cooperation on 5G roaming services and a blockchain inter-carrier settlement system, a
Korea Herald report said.
China Mobile is the largest telecommunication firm in the world, and KT is the second biggest in South Korea. The collaboration will enable KT customers to use the 5G network when visiting China.
One of the pain points in the telecoms industry is the calculation and reconciliation of roaming minutes, to settle payments between different carriers. While boosting the use of the new wireless communication technology, KT and China Mobile are also implementing a blockchain roaming charge system.
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