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South Korea - Telecoms, Mobile, Broadband and Digital Media - Statistics and AnalysesLONDON, Nov. 15, 2018 /PRNewswire/ -- South Korea continues as a market leader in 5G Fixed-line broadband market penetration has grown slowly over the past five years in a highly mature market. Over the next five years to 2022 growth is expected to continue to increase slowly. SK Telecom announced the introduction of a new technology for the next generation of Wi-Fi that it claims can deliver downlink speeds 'as fast as 5G technology’. The Korean government has developed and demonstrated broadband-based services like e-health, e-learning, e-government and u-City. E-health services are provided to remote island regions of Korea. In this way, broadband has been used as a method to narrow the gap between rich and poor and among classes and regions. Growth in South Korea’s mobile subscriber market has been moderate over the past five years. The market has been driven by organic growth from the three main mobile operators, together with the multitude of niche MVNOs. Mobile subscriber growth is expected to be relatively low over the next five years to 2022. As the market is highly competitive, growth rates will taper off further over the next few years. 5G adoption by 2026 could reach as high as 90%. In November 2017 LG Uplus partnered with Huawei to complete a large-scale 5G network test in a pre-commercial environment in the Gangnam District of Seoul and SK Telecom announced the successful demonstration of ‘essential technologies for 5G network communications in a real-world setting’. The mobile broadband subscriber base in South Korea has grown moderately over the past five years in a relatively mature market supported by widespread rollouts of 4G infrastructure. Slower growth is predicted over the next five years to 2022. Key developments: SK Telecom became the first South Korean mobile operator to test autonomous cars on public roads. Huawei has partnered with LG U+. for the launch of Seoul TechCity. Fixed lines in South Korea have been gradually declining over the past five years. SK Telecom announced a new technology for the next generation of Wi-Fi. Over the next five years to 2022 fixed broadband growth is expected to continue to increase slowly. LG Uplus partnered with Huawei to complete a large-scale 5G network test in a pre-commercial environment. Companies mentioned in this report: KT; LG U+; SK Broadband; SK Telecom, SK Broadband, Hanaro Telecom Download the full report: https://www.reportbuyer.com/product/3682218 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/south-korea---telecoms-mobile-broadband-and-digital-media---statistics-and-analyses-300751698.html SOURCE ReportBuyer |