YOU ARE AT:5GSouth Korea reaches almost 13 million 5G subscribers in January

South Korea reaches almost 13 million 5G subscribers in January

South Korea ended January with 12.87 million subscribers in the 5G segment after a net addition of almost 1 million subscribers in the first months of the year, local news agency Yonhap reported, citing data from the Ministry of Science and ICT.

The report noted that the big boost in 5G subscriptions during the first month of the year was chiefly due to the popularity of Samsung Electronics’ latest flagship Galaxy S21 smartphones.

According to the report, Korean telcos are expecting a big surge in 5G adoption this year, with top wireless carrier SK Telecom aiming to have 9 million 5G users by the end of the year, and smaller rival LG Uplus targeting 4 million.

SK Telecom added a total of 1.21 million 5G subscribers in the last quarter of 2020. For full 2020, SK Telecom saw the addition of 3.4 million subscribers in the 5G segment, according to previous reports.

Total mobile subscriptions in the Asian nation stood at 70.69 million at the end of January, with 4G subscriptions at 51.9 million, down 660,000 compared to December.

South Korean telecom operators currently provide 5G services via non-standalone 5G networks, which depend on previous 4G LTE networks. The country’s three operators launched 5G technology in April 2019, and 5G networks are available mostly in large cities.

Local mobile carriers SK Telecom, KT and LG Uplus are currently preparing to commercialize new technology, such as Standalone versions of the 5G networks and millimeter-wave 5G.

The mmWave 5G service will be initially available for the business-to-business segment. Operators have not yet finalized investment plans for the business-to-consumer sector, as the cost of building additional infrastructure still represents a major issue, according to the reports.

In July of 2020 , Korean mobile operators SK Telecom, KT and LG Uplus agreed to invest a total of KRW 25.7 trillion ($22 billion) through 2022 to boost 5G infrastructure across the country.

This investment primarily focuses on enhancing 5G quality in Seoul and six other metropolitan cities. The investment plan also stipulates the deployment of 5G in 2,000 multi-purpose facilities, on Seoul Metro lines 2 and 9 and along major highways. In 2021, the carriers committed to expand 5G connectivity to an additional 85 districts, including 4,000 multi-purpose facilities, subways and all train stations, as well as 20 additional highways.

ABOUT AUTHOR

Juan Pedro Tomás
Juan Pedro Tomás
Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to RCR, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.