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SK Telecom targets 6-7 million 5G subscribers by end-2020: CFO

February 10, 2020

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South Korean mobile operator SK Telecom expects to reach 6-7 million subscribers in the 5G segment by the end of 2020, the company’s CFO, Poong-Young Yoon, said durin a conference call with investors.

At the end of last year, the operator reached 2.08 million 5G subscribers, the executive said.

“While there were some competition during the initial stages of 5G adoption last year, this year we will maintain the currently stable market order and execute efficient marketing costs and focus on growing the 5G subscriber base through service competitiveness,” he added.

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