SK Telecom announced on Feb. 10 that it signed a memorandum of understanding (MOU) with Equinix, the world’s leading digital infrastructure company, to expand the quantum business including ‘QKD as a Service (QaaS)’ in both Korean and overseas markets.
SKT and Equinix agreed to build a QKD environment in Equinix’s SL1 data center located in Sangam-dong, Seoul, using Equinix interconnection and digital services.
QaaS will provide quantum cryptography protection for private enterprise networks that connect a company’s headquarters, offices and data centers on a subscription basis.
By offering enhanced network security, QaaS is expected to become an essential service for companies that use data centers, enabling them to safeguard their business against increasing cybersecurity risks.
The two companies will also work to create synergies in the future data center business by leveraging Equinix’s extensive knowhow in data center operation and SKT’s expertise in quantum cryptography, convergence security and fixed & mobile telecommunication technologies.
“This MOU will mark the first step to creating valuable business synergies between SKT and Equinix. By combining our respective strengths, we will be able to gain leadership in the future data center business,” said Vice President Ha Min-yong of SKT.