Samsung and SK sign to roll out private 5G network for financial sector
Type: Partnership · Technology: Telecom · Country: South Korea · Announced: 2026-09-29
Samsung and SK signed a partnership to deploy a major private 5G network targeting the financial sector in South Korea on 2026-09-29. The agreement covers rollout of a dedicated private 5G campus/network for financial organisations, using Samsung's 5G equipment and SK's network capabilities across commercial sites in South Korea. Deployment is described as a sector-wide initiative for banks and financial institutions, with Samsung providing network gear and integration while SK supplies network operations and connectivity. The deal aims to provide low-latency, secure 5G connectivity for financial services across multiple sites in South Korea and to support enterprise use cases such as secure mobile trading and branch automation. No financial value or capacity figures were disclosed in the article.
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