August 18, 2016 — Verizon and SK Telecom have agreed to work together on standardization and to conduct joint studies on 5G. The two companies have signed other agreements over the years. Most recently, in February, they joined KT and NTT DoCoMo to form the 5G Open Trial Specification Alliance. The two companies also agreed to test unlicensed LTE together with T-Mobile in 2015, entered a strategic relationship on enhanced multimedia services in 2004 and signed an international roaming agreement in 2002.
Under the Memorandum of Understanding, SK Telecom and Verizon will work together to turn co-developed 5G technical specifications into global standards. The two companies will also conduct joint studies to identify innovative 5G use cases and applications.
Following the MOU signing ceremony, the two companies held a technical coordination/cooperation meeting to share their technological progress in areas including 5G, Internet of Things (IoT), LTE and infrastructure virtualization. At the meeting, they agreed to strengthen their cooperation in the Open Compute Project (OCP) and the Mobile Central Office Re-architected as a Datacenter(M-CORD) project.
The Open Compute Project (http://www.opencompute.org/) is a collaborative community focused on redesigning hardware technology to efficiently support the growing demands on compute infrastructure.
Built on top of the ONOS open source project and Central Office Rearchitected as a Datacenter (CORD, http://opencord.org), M-CORD combines data center economies and the cloud agility of CORD infrastructure with the benefits of mobile edge computing and disaggregation and virtualization of mobile infrastructure components. M-CORD takes a significant step towards bringing economies of scale and cloud agility to the central office, by integrating SDN, NFV, and cloud principles with the best of mobile architecture.
SK Telecom and Verizon have been discussing requirements, technical specifications and plans for 5G since October 2015.