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South Korean operators to invest KRW 4 trillion in 5G networks in H1

Friday 6 March 2020 | 18:52 CET | News
South Korea's Ministry of Science and ICT has announced that the country's three main operators SK Telecom, KT and LG Uplus have agreed to invest KRW 4 trillion in their 5G networks in the first half of 2020, The Korea Times reports. Investments will cover the cost of the installation of additional equipment to enhance 5G service coverage. The agreement was reached on 5 March, during a video conference call between Minister of Science and ICT Choi Ki-young, and SK Telecom CEO Park Jung-ho, KT CEO Koo Hyun-mo, and LG Uplus CEO Ha Hyun-hwoi.

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