IDIS, South Korea’s largest in-country video security technology manufacturer, has acquired a controlling (44.84%) stake in KT Powertel, the radio communications subsidiary of telecoms giant KT Corp. The move will strengthen IDIS’s offering in the security and safety sectors, with customers to benefit from powerful push-to-talk over cellular (PoC) communications solutions, and an emerging generation of advanced safety and security systems encompassing a range of IoT devices.
KT Powertel has been leading the development of LTE broadband wireless radio technologies in Korea’s renowned domestic market. The acquisition will now enable IDIS to capitalise on this expertise in South East Asia and expand its capabilities globally. The move will strengthen the company’s position as a provider of complete, end-to-end video solutions that are easier to install and that offer true flexibility and ease-of-use, and deliver on the promise of low total cost of ownership.
