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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: foundation who wrote (17716)1/2/2002 7:50:45 AM
From: foundation  Read Replies (2) | Respond to of 196740
 
Over 60 percent of Koreans use mobile phones

Over 60 percent of the total population of South Korea use mobile phone services, making the country one of the most wired in the world, industry sources said yesterday.

Some 29.1 million of the country's 47.3 million people are mobile subscribers as of end-December, 2001, up 8.7 percent from 26.8 million subscribers a year earlier.

SK Telecom said its users numbered 11.88 million as of end-December, up 8.6 percent from 10.935 million a year earlier. Its market share was 40.8 percent.

SK Shinsegi Telecom said its subscribers reached 3.31 million, down 5 percent from 34.85 million in December of 2000. Its market share was 11.4 percent.

SK Telecom and Shinsegi are now pushing for a merger that could create a mammoth mobile carrier with a combined 52.2 percent market share.

KTF, the country's second largest mobile carrier, said its subscribers numbered 9.65 million at the end of December last year, up 14.5 percent from 84.16 million in December 2000. Its market share was 33.1 percent.

LG Telecom, the smallest player, had 4.28 million subscribers, up 8 percent from 3.94 million a year earlier. Its market share was 14.7 percent


2002.01.03

koreaherald.co.kr