A South Korean telecoms giant wants to launch flying taxis in 2025 and expects it to be big business

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Last year, SK Telecom and U.S. firm Joby Aviation inked a tie-up to develop air taxis for the South Korean market.

Joby Aviation is a maker of so-called electric vertical take-off and landing vehicles. These electric flying vehicles are a seen by advocates as a way to transport people around dense cities and avoid traffic.SK Telecom and Joby Aviation are looking to take advantage of the government backing.

SK Telecom is looking to expand its business beyond being a traditional mobile carrier and has its sights set on new areas such as artificial intelligence and flying taxis. These aircraft will require connecting to next-generation 5G networks to operate and fly, eventually autonomously. That's where SK Telecom's area of expertise comes in.

SK Telecom wants a slice of the pie and Ha said that if all goes well, air taxis could be a big revenue driver for the company, "but not immediately."

 

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