Home Business & Finance South Korea Hits 1 Million 5G Subscribers in Just 69 Days

South Korea Hits 1 Million 5G Subscribers in Just 69 Days

South Korea Hits 1 Million 5G Subscribers in Just 69 Days

While we will have to wait little bit more to find out how big of an impact 5G will have in our lives, in terms of adoption, 5G is set to beat 4G networks in the coming months. Earlier today, government in Korea has announced that the country now has over 1 million 5G subscribers.

The latest news came via Yonhap which reported that the number of 5G subscribers in South Korea has surpassed the previous record in terms of getting the initial 1 million users. Back in 2011, it took 80 days to get the first 1 million Korean 4G subscribers after the service launched in the country. While the figures might not seem impressive considering the number of smartphone users, you should note that the country has limited availability across the country at the moment.

While we will have to wait to find out how many people actually signs up to 5G, according to Yonhap, the figure will reach over 4 million by the end of the year. Most importantly, as the newspaper pointed out, if Samsung launches its upcoming Galaxy Note 10 and Galaxy Fold with 5G capability in the coming months, the number will go up significantly in the later part of the year as new devices always tend to spike local interest.

At the moment however, it’s unclear how popular 5G is becoming outside of the country as carriers haven’t revealed relevant data pertaining to the figures. However, with a number of 5G capable smartphones coming in the next couple of months, the adoption of 5G is likely to be faster than 4G networks across the world.

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