South Korea’s Ministry of Science and ICT has announced plans to release low-cost 5G mobile data plans to raise the competitiveness of the country’s 5G market.
The ministry reported that tariffs will be announced, with mobile data rates offered by mobile virtual network operators (MVNOs) priced below those offered by the country’s major carriers SK Telecom, KT and LG Uplus.
According to data from the Ministry of Science and ICT, 5G subscribers in South Korea totaled at 13.66 million in February, nearly doubling from just 792,118 subscribers from the previous month. The top carrier, SK Telecom, had 6.35 million 5G subscribers.