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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: slacker711 who wrote (34013)4/9/2003 3:08:17 PM
From: Eric L  Read Replies (1) of 197003
 
Wireless in South Korea

>> Wireless in South Korea

7 April 2003
eMarketeer

emarketer.com

DowJones Newswires reported last week that SK Telecom, South Korea's largest wireless operator, added over 100,000 subscribers last month, bringing its total subscriber base up to 17.6 million. IDC projected in 2002 that there would be 29.5 million mobile phone subscribers in the country by the end of this year.

According to an article on the DowJones Newswires, SK Telecom, South Korea's largest wireless operator, added 131,596 subscribers in March 2003 to reach 17.6 million total wireless subscribers as of the end of the month. Based on company reports, DowJones also notes that SK Telecom claims 54% of the wireless market in the country. KTF Co. claims 32% and has 10.4 million wireless subscribers as of the end of last month. [LG Telecom had 4.8 million subs for 15% of the market]

[Chart: Korea CAGR = 3% for 2000-2005]

Last year, IDC projected that there would be 29.5 million mobile phone subscribers in South Korea by the end of this year, a total that would grow to 30.6 million by the end of 2005.

In 2002, A.T. Kearney and the Judge Institute of Management Studies reported that 39% of mobile phone owners in Asia had Internet-enabled phones. In Korea, only 6% of those people with Net-enabled phones had actually gone online at some point with their mobile phones. [This compares to 83% in Japan, 40% in the US, 37% in Hong Kong, 30% in UK: see chart at link].

- Eric -
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