SMEC, a company specializing in machine tool and robot automation solutions, announced on the 14th that it has acquired the 5G specialized network (Ieum 5G) business operated by Sejong Telecom Co., Ltd. and received final approval from the Ministry of Science and ICT.
Smac completed the allocation of 5G specialized network frequencies on December 31, 2024 and began operating related services. It also signed a business transfer agreement with Sejong Telecom on May 27 to prepare for this business transfer. This contract is a strategic measure to expand the industry-tailored B2B communications business, and is expected to be an opportunity to combine Smac’s manufacturing-based communications infrastructure and ICT capabilities. Sejong Telecom is known to have terminated the business in question and reorganized its business portfolio in accordance with its selection and concentration strategy.
Through this contract, SMACK has secured the foundation to provide customized 5G solutions to various industrial sites, including smart shipbuilding (HD Hyundai Heavy Industries, HD Hyundai Mipo), smart construction (Kolon Global), smart campus (Sungkyunkwan University), smart factory (TLB), and local governments (Gimcheon City). In particular, it is expected to become more competitive in the field of convergence communication services that combine machine tools and smart manufacturing technology.
A SMACK official said, “This business acquisition is in line with the government’s digital transformation policy,” and, “Based on our technological prowess and infrastructure operation experience, we will stably operate the 5G specialized network business and grow it into a future growth engine.”
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