While we are still struggling to get a perfect 4G LTE network service here in Nigeria, a country like South Korea is already done with 4G LTE and now rocking the fifth generation network alternatively known as 5G.
According to the latest report from the state Ministry of Science and Technology, the numbers of internet users currently using 5G in South Korea has gotten to over 1 million users as of June 10.
The number was reached in just 69 days which is 11 fewer than it took the country to reach 1 million 4G users back in 2011. 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.
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.
According to recent projections, 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.