The Ministry of Science and ICT of South Korea recently released the South Korean 5G report. In the wave of 5G commercialization, South Korea is at the forefront. They are the first country in the world to launch 5G commercial services, and currently the penetration rate of 5G ranks first in the world.
South Korea officially launched 5G commercial services on April 3 last year. At that time, the three major telecom operators SK Telecom, KT and LG Uplus launched 5G commercial services for individual consumers. By the end of last year, the number of 5G users had reached 5 million. The current new data is 5.77 million. There are 115,000 5G base stations nationwide. Both data are second only to China. As early as December 1, 2018, they began to provide 5G services to corporate users. In terms of 5G penetration rate, South Korea is far ahead of other countries. At the beginning of this month, South Korea's 5G penetration rate had reached 9.67%, close to 10%. In comparison, the United States, which launched 5G commercial services shortly after South Korea, currently has a penetration rate of 0.63%. The United Kingdom, which began commercial use in May last year, has a 5G penetration rate of 0.56%. China's 5G penetration rate is 0.69%, and South Korea's 5G penetration rate is 14 times that of China. Foreign media reported that South Korea's 5G penetration rate is far ahead of the world, largely due to the heavy investment of telecom operators. To promote the popularization of 5G, the three major Korean telecom operators, SK Telecom, KT and LG Uplus, significantly increased their capital expenditure last year to 8.08 trillion won (about US$6.658 billion), a year-on-year increase of 60%. South Korea's telecom operators have also decided to increase investment in 5G network construction in the first half of this year, from the previously planned 2.7 trillion won to 4 trillion won (about US$3.296 billion), an increase of nearly 50%. In addition, Korean telecom operators also plan to expand the coverage of indoor 5G base stations and install 5G base stations in about 2,000 locations such as subways, airports, and shopping malls. |
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