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Korean mobile operators to share costs of 5G infra deployment

Thursday 12 April 2018 | 14:59 CET | News
South Korean mobile operators and an internet service providers will share the costs of 5G infrastructure deployment. Following the completion of the deployment, operators will be able to share this infrastructure, Yonhap news agency reports, citing government officials. The initiative is expected to generate savings of nearly KRW 1 trillion (approximately USD 938 million) over the next 10 next years, as it would keep SK Telecom, KT, LG Uplus and SK Broadband from making redundant investments, according to the Ministry of Science and ICT.

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Categories: Internet / Mobile & Wireless
Companies: KT / LG / LG Uplus / SK Broadband / SK Telecom
Countries: Korea, Republic of
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