Business in Korea


Internet, Mobile, IT and industry in Korea

3G in Korea

In 2008, 90% of South Koreans have at least one mobile phone. South Korea is considered a leader in 3G mobile technology with one of the world’s highest percentage of 3G handsets users.

KTF is the leader of 3G services with 6.32m of customers. SKT the second provider with 6.18m subscribers has been reducing the gap over the last few months, from a high of 645,000 at the end of August 2007, to 515,000 at the end of 2007, to 134,000 at the end of June 2008. LGT, the third provider attracted 0.4m users since the launch of its 3G services in September 2007.

In total, there were 12.9m 3G handsets at the end of June 2008, up from 1.53m in June 2007 which means a growth rate of 743.9% YoY, compared to a total market growth rate of 6.3% YoY. Monthly growth has slowed recently but remains in double digits; the rate was 11.4% in June. Finally, nearly a third of phones sold are 3G handsets. 3G is expected to keep booming in Korea with an expected number of users of 23m by 2010.

Source : Cellular news


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