South Korea to release low-cost 5G through MVNO mobile data plans
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South Korea’s Ministry of Science and ICT has announced plans to release low-cost 5G mobile data plans to raise the competitiveness of the country’s 5G market.
The ministry reported that tariffs will be announced, with mobile data rates offered by mobile virtual network operators (MVNOs) priced below those offered by the country’s major carriers SK Telecom, KT and LG Uplus.
According to data from the Ministry of Science and ICT, 5G subscribers in South Korea totaled at 13.66 million in February, nearly doubling from just 792,118 subscribers from the previous month. The top carrier, SK Telecom, had 6.35 million 5G subscribers.
Questions & Answers
Q.Which government body is responsible for introducing these new low-cost 5G plans?
Which government body is responsible for introducing these new low-cost 5G plans?
South Korea’s Ministry of Science and ICT is the government body that announced plans to release the low-cost 5G mobile data plans. They aim to boost competition in the country's 5G market.
Q.How will the pricing of the new 5G mobile data plans compare to existing offerings?
How will the pricing of the new 5G mobile data plans compare to existing offerings?
The new 5G mobile data rates, offered by mobile virtual network operators (MVNOs), will be priced below those currently offered by South Korea’s major carriers. Specific tariffs are still to be announced.
Q.What was the total number of 5G subscribers in South Korea in February?
What was the total number of 5G subscribers in South Korea in February?
According to data from the Ministry of Science and ICT, the total number of 5G subscribers in South Korea reached 13.66 million in February. This figure shows a significant increase from the previous month.
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