SK Telecom Expects 2 million 5G Subscribers by End of 2019

SK Telecom Expects 2 million 5G Subscribers by End of 2019 Image Credit: SK Telecom

SK Telecom announced that it has taken up the largest 5G market share in Korea to date, since launching its 5G smartphone service in April this year.

The Operator has secured 530,000 5G subscribers as of the end of June 2019. It expects the number of its 5G subscribers to surpass 2 million by end of this year.

SK Telecom has been carrying out company-wide efforts to allow 5G subscribers to experience stable network and differentiated service benefits. The company started the world’s first 5G roaming service with Swisscom on July 17 and launched three innovative 5G AR and VR services to deliver immersive eSports broadcasting experience on July 26.

In the second half of this year, SK Telecom plans to build multiple 5G clusters – equipped with premium network quality and innovative services - in main areas across the nation to shift the competition paradigm of the telecommunications industry centered around 5G services.

Yoon Poong-young, CFO, SK Telecom
SK Telecom will continue to maintain its market leadership in 5G. We expect our enterprise value to be reevaluated by continuously expanding New ICT business centered on media, security and commerce.

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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