Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Telecommunications industry in South Korea - statistics and facts
Recently, the South Korean government reignited its plans to introduce a new player into the domestic telecommunications industry, laying out ambitious plans to shake up the market by commercializing 28GHz 5G frequency band. The status quo of South Korea’s telecommunications industry is largely dominated by three main companies after the government’s decision to privatize the sector in the early 2000s. With the industry led by KT Corporation, SK Telecom, and LG U+, all three companies are among South Korea’s elite group of large companies. The aforementioned trio are active in all facets of telecommunications, providing services for mobile, landline, and internet customers in South Korea.
