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South Korea Telecommunications Report Q1 2014

South Korea mobile market forecast to expand as penetration above 111% is reported in 2013

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2014-01-09 08:33:05 - South Korea Telecommunications Report Q1 2014 - a new market research report on

South Korea is one of the most advanced markets in the world and is often used as a reference point to determine the direction of other developed markets. The rapid migration of subscribers from 3G to LTE shows the country to be at the forefront of adopting new technologies. The number of LTE subscriptions passed 22mn by the end of June 2013, and may even outnumber 3G by end-2013. There is a dwindling population still using 2G services, but we expect this to end by 2015. This has perhaps caused a slowdown of fixed broadband connections, while growth in VoIP is mitigating the loss of PTSN fixed voice connections. With plans to launch LTE Advanced in September 2013, the South



Korean market shows just how much demand for data is driving revenues.

The mobile market has continued to expand, even with penetration above 111% by September 2013.

Total subscriptions reached 55.129mn in Q313,The fixed-line market is still expanding, mostly due to the growth of VoIP, but it is slowing noticeably. Growth in the broadband market has slowed due to a combination of high penetration of wireline services and the competition from LTE services.

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