The adoption rate for the 5G network in South Korea has just skyrocket, beating that of 4G at the time of launch
It looks like the 5G network is doing fine across the globe in locations where it is been launched already, with the adoption rate increasing by the day, especially in the home countries including South Korea. The Asian country which is one of the major providers of the next generation network revealed that the subscriber number has increased past 1 million, while it emphasizes the adoption rate which is far greater than that of the 4G network that was launched back in 2011.
According to the Ministry of Science and Technology as of June 10, there were 1 million subscribers to the new generation network. This number was reached in just 69 days, barely two months and two weeks, which is 11 fewer than it took the country to reach 1 million 4G users back in 2011, apparently it took the 4G 80 days to reach that number back then.
Commercial 5G networks in South Korea were launched on April 3 and given the current subscriber count it means that each day saw an average of 17,000 new subscribers. What this means for Global adoption is that people are excited about the 5G network coverage, and it means a faster adoption rate than that of the 4G.
More details from the Ministry of Science and Technology further reveals that SK Telecom holds 40% of all 5G subscriptions while Korea Telecom and LG Uplus each account for 30%. SK Telecom and KT saw more customers upgrade from 4G to 5G while LG Uplus users grew the most with an estimated 21% rise in the past month.
In addition, recent projections suggest an additional 3-4 million users in South Korea will join the 5G consumer base before the end of the year. The demand for 5G smartphones and improved network coverage are going to be the main drivers of the speedier adoption.