South Korea Launches World’s First 5G Network

South Korea Launches World’s First 5G Network

South Korea has made the 5G rollout a priority and launched the world’s first 5G network. South Korea Launches World’s First 5G Network

According to the London-based Global System for Mobile Communications, an industry alliance, 5G standard is expected to bring about $565 billion in global economic benefits by 2034. 5G will act as a representative of a new level connectivity, empowered by speed. The South Korea comes with its companies holding 2,051 patents.

South Korea Launches World’s First 5G Network

South Korea’s mobile operators KT, SK Telecom and LG UPlus will go live with their 5G services today.

KT said:

5G’s hyper speed can connect one million devices within a one square kilometer zone simultaneously.

According to KT vice-president Lee Pil-Jae, more than three million South Koreans will switch to 5G by the end of this year.

Although, there is no news about the South Korea’s three network operator’s investment in 5G, but Seoul’s economy minister Hong Nam-ki estimate it would be at least $2.6 billion this year alone.

Seoul’s economy minister Hong Nam-ki said:

If 5G is fully implemented. It will greatly improve people’s lives.

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