On April 3, South Korea ushered in the first anniversary of the commercial use of 5G networks. On April 3 last year, Korea Telecom, SK Telecom and LGU+ companies all launched 5G communication services.
Three South Korean companies had 5.36 million 5G users as of February, up 8.1 percent from the previous month’s 4.95 million, according to statistics released by the Korean Ministry of Science and Information and Communications.
It is reported that South Korea’s three major operators invested a total of 8.78 trillion won in 5G infrastructure last year. The three major operators initially planned to invest 2.7 trillion won in the first half of this year, but the South Korean government said the investment will increase to 4 trillion. won to expand coverage in indoor and outdoor areas outside the capital Seoul.
The cheapest 5G data plan in South Korea is currently 55,000 won (about 317 yuan) per month. In January, SK Telecom led the way in 5G subscribers with 2.2 million, or 44.7% of the market, followed by Korea Telecom with 1.5 million and LGU+ with 1.23 million, according to the Korea Ministry of Science and Information and Communications.
Under SK Telecom’s 5G network service, the average data usage of consumers has almost doubled compared to 4G, reaching 28.5GB per person per month, while the average monthly 4G network is 14.5GB.