Synergic Partnership Formed to Boost Adoption in South Korea

On 26 November 2025, Excellent Technology Co. Ltd (Excellent Technology) and Nagaya Technologies signed the MoU, entering into a constructive collaboration.

The signing ceremony took place at the office of Excellent Technology where its chairman, Mr Kim Jun Hee and Chief Business Development Officer of Nagaya Technologies, Mr Jung Hee Chul inked the agreement.

Through this alliance with Nagaya Technologies, Excellent Technology has planned to enhance its marketing strategy to the membership points systems for one of KT’s Altteul Phone Operators or otherwise known as MVNO (Mobile Virtual Network Operator) in South Korea to attract more mobile plan users.

To combat with the highly competitive market, Excellent Technology has always been exploring originative ways to increase their reach for new members. Since earlier this year, its marketing team had reviewed the possibility of maximizing the returns of membership points to reward their members through staking of digital tokens.

Prior to securing the partnership with Nagaya Technologies, the management team of Excellent Technology had undergone a comprehensive shortlisting of various digital tokens in the market for the intended purpose mentioned above.

Since end of November, Excellent Technology has been actively informing its users, both existing and new, of this latest benefit whereby they can register for Nagaya wallet, converting their membership points to credits for purchase of NGY tokens, on monthly basis.

On Nagaya’s side, we foresee this collaboration as an avenue to tap into a new market to extend the adoption rate of NGY tokens.

Both parties look forward to seeing the longstanding success of leveraging each’s strength to attain their respective business goals.

About Excellent Technology Co Ltd

Known for the high competitiveness in the telecommunications sector, mobile carriers have been strategizing to grow their market share through aggressive marketing. One of the efforts to increase market reach, Mobile Virtual Network Operators (MVNOs) emerge to cater budget-friendly mobile plans to consumers, through the network of major telcom companies.

Excellent Technology Co. Ltd is the marketing hand of one such MVNO, working with KT (one of the ‘Big Three’ in Korea). Excellent Technology has built its presence in 5 cities, namely, Busan, Iksan, Jeju Island, Jeonju and Seoul. Source: https://kcampus.kr/news/mobile-perks-falling-flat-carriers-scramble-to-address-backlash-over-shrinking-benefits.-5169