Research and Markets: South Korea Telecommunications Report Q2 2012 - 59.076mn Mobile Subscribers is Envisaged in South Korea for End-2016, a Penetration Rate of 119.9%
(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/gkqdtn/south_korea_teleco) has announced the addition of the "South Korea Telecommunications Report Q2 2012" report to their offering.
BMI's Q212 report on South Korea's telecommunications market provides a comprehensive overview of the latest developments to occur within the country's mobile, fixed-line telephony, and internet sectors. These forecasts are based on latest data published by South Korea's leading operators - SK Telecom, SK Broadband, KT, and LG Uplus, as well as the Korea Communications Commission and the Internet Statistics Information System.
The number of South Korean mobile subscribers increased to 53.251mn at the end of 2011. Despite the growth, the number of net additions in 2011 (2.106mn) was significantly weaker than the previous year (2.914mn). Market saturation is a major factor and the author continues to see muted growth through the forecast period to 2016. The author envisages 59.076mn mobile subscribers in South Korea in end-2016, a penetration rate of 119.9%. The author sees the introduction of LTE services resulting in subscriber migration from 2G/3G without a significant effect on the overall subscriber growth. It is a similar scenario in the fixed-line market with the adoption of VoIP offsetting declining interest in PSTN connections.
KT was the last South Korean mobile operator to launch LTE services. The operator launched commercial services in January 2012 after receiving a favourable verdict from the Seoul High Court in December 2011. Consequently, KT was able to refarm its spectrum to push out next generation technologies. Previously, a lower court ruled in favour of 900 subscribers who filed a lawsuit to prevent KT from switching off its 2G network.
Competition in South Korea's mobile virtual network operator (MVNO) market could move a notch higher after HomePlus, the South Korean retailer owned by the Samsung Group and UK's Tesco, announced in early January 2012 that it could become an MVNO by H112.
- KT Corporation
- SK Telecom
- SK Broadband (Formerly Hanaro Telecom)
- LG Uplus
For more information visit http://www.researchandmarkets.com/research/gkqdtn/south_korea_teleco
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