Wednesday, 18 September 2019

SK becomes first telco to hit 1 million 5G subscribers, as uptake in Korea surges

By Chris Kelly, Total Telecom
Thursday 22 August 19

Demand for 5G services is currently double what it was for LTE, according to Korea's biggest telco

SK Telecom has become the first telco in the world to exceed 1 million 5G subscribers, as Koreans continue to embrace next generation mobile networks. SK Telekom, KT and LGU+ became the first telcos in the world to launch 5G…

SK Telecom has become the first telco in the world to exceed 1 million 5G subscribers, as Koreans continue to embrace next generation mobile networks.

SK Telekom, KT and LGU+ became the first telcos in the world to launch 5G, when Korea's big three operators simultaneously launched their network services in April of this year.

Since then, uptake has outstripped many analyst's expectations, with the total number of South Koreans on a 5G plan now exceeding 2 million.

The latest figures show that SK Telecom has just over a million of those subscribers, KT has 630,000 and LGU+ has 540,000.

Of SK's 28 million subscribers, 3.5 per cent are now on 5G contracts. In a statement to the press, SK said that uptake for 5G services was currently twice as fast as it had experienced when it launched LTE services. Uptake is being driven primarily by online gaming and content streaming services, which are booming in Korea.

"SK Telecom will continuously develop innovative contents and services specially designed and optimised for 5G network to provide differentiated experiences to our 5G subscribers," said Ryu Young-sang, vice president and head of MNO business at SK Telecom.

Also in the news

Korean DMZ gets 5G services

SK and LGU+ sign MoU to develop cloud robots

SK Telecom rolls out 34,000 base stations, ahead of 5G launch

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry