South Korea had been one of the first countries to adopt 5G networking. Telecom operators had launched their 5G services back in April 2019, and as of May end this year, the country had about 6.9 million subscribers for the newer and faster bandwidth.
According to official reports from the country, the number of customers in the country rose by 536,997 in May alone. This number even broke the previous monthly record of 520,478 new subscribers from March. At the moment, the total number of 5G users represent about 10 percent of the total of 69.43 million mobile services lines in the country.
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Notably, South Korea was also the first to commercially launch 5G networking back in 2019 through three telecom operators, namely SK Telecom Co., KT Corp., and LG Uplus Corp. These carries had aggressively marketed the new service in the region, with the Korean government stating that over 115,000 5G base stations have been deployed across the country.
Furthermore, the local government had also agreed on investing KRW 4 trillion (roughly $3.4 billion) in the three major telecom operators’ 5G networks during the first half of this year. This was done to expand the coverage of 5G networking with additional equipment and supporting infrastructure. The next step for the country is to adopt the ultrafast mmWave 5G network, which should reach businesses by the end of this year and personal devices by 2022.
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(Via)
