Korean carrier SK Telecom has reached 1.5 million subscribers in the 5G segment, representing a share of 44% in the local 5G market, the carrier’s CFO Poong-Young Yoon said on a conference call with investors.
The executive said that the company expects to end this year with over 2 million 5G subscribers. “By the end of 2020, we expect to have a total of 7 million subscribers in the 5G segment,” he said.
“Currently, we are focusing on the major densely populated areas of the 85 cities, including Seoul and the metropolitan areas.