(Telecompaper) SK Telecom and Samsung Electronics announced partnership on 5G network technology and service development. The MOU will see the two Korean companies cooperate on sharing their 5G vision with standardization groups and technology forums in and out of the country, define and select frequency bands suitable for implementation of 5G technology, conduct R&D and experiment on enabling technologies including the next-generation small cell, massive MIMO and next-generation modulation/demodulation, and develop large-volume and high-quality services based on 5G and the IoT. Through the joint research with Samsung Electronics, SK Telecom said it plans to define and develop detailed key performance indicators for the next-generation network so as to lead 5G technological evolution. Building on the expected gigabit speeds of 5G, SK plans to develop new services such as augmented/virtual reality, mobile tele-presence and holograms. In addition, the company plans to develop advanced-IoT technology to enable hyper-connected services that connect all objects and humans for interaction without limitation of time and place.