Thursday, August 22, 2019

SK Telecom tops 1 million 5G subscribers just 4 months after launch

On August 21, SK Telecom became the first mobile operator in the world to exceed the 1 million 5G subscriber mark. The company's 5G subscribers now represent more than 3.5 percent of its total subscriber base of 28 million.

The 1 million subscriber milestone was achieved 140 days after launching the world’s first 5G smartphone on April 3, which is twice faster than its LTE uptake rate. After commercializing the LTE service in July 2011, the company hit the 1 million LTE subscriber mark in eight months.

The 5G service is also driving up customers' data usage. According to SK Telecom’s analysis on 5G subscribers, the average monthly data usage of customers who switched devices from LTE to 5G has increased about 65 percent from 20.4GB (LTE) to 33.7GB (5G).

The recent launch of Galaxy Note 10 5G is expected to further drive the increase of 5G subscribers. SK Telecom has launched three 5G smartphones – Galaxy S10 5G, V50 ThinQ 5G, Galaxy Note 10 5G – so far and plans to strengthen its 5G device line-up.

Ryu Young-sang, Vice President and Head of MNO Business of SK Telecom, said, "SK Telecom will continuously develop innovative contents and services specially designed and optimized for 5G network to provide differentiated experiences to our 5G subscribers."

See also