Multiplay service revenue in South Korea is expected to grow at a compound annual growth rate (CAGR) of 2.4% from $6.9 billion in 2021 to $7.7 billion in 2026, driven by the steady rise in the number of multiplay households and growth in the average monthly multiplay household spending, according to GlobalData, a leading data and analytics company. GlobalData’s South Korea Multiplay Services Forecast (Q1 2022) reveals that the number of multiplay service households in the region will … [Read more...] about South Korea multiplay service revenue to grow at 2.4% CAGR over 2021-2026, forecasts GlobalData
SK Telecom
5G boosts SK Telecom Q2
The market data was revealed in second quarter results which showed that for the quarter ended 30 June 2019, the telco recorded revenue of KRW 4.437 trillion, operating income of KRW 322.8 billion, and net income of KRW 259.1 billion. On a consolidated basis, this meant that SK Telecom’s revenue and operating income increased by 2.4% and 0.1% respectively, quarter-on-quarter (QoQ). This also showed a revenue turnaround in mobile communications business and growth in media, security and … [Read more...] about 5G boosts SK Telecom Q2
Operators abandon ship
Leading operators in Asia-Pacific are now transitioning to Long Term Evolution (LTE) without continuing to offer burdensome unlimited tariffs. This is based on evidence from research firm Ovum, which found that unlimited data tariffs for LTE are unsustainable because of the traffic growth and management issues they generate. Experience is showing that the move to LTE without flat rates can be achieved with positive results. Ovum believes the best method for the transition is to abandon unlimited … [Read more...] about Operators abandon ship
Disney Channel, SK Telecom teaming up to launch Korean-language channels
Seoul, Korea and Burbank, California - Disney Channel International and SK Telecom today announced the intent to form a joint venture to launch Korean-language Disney-branded channels in South Korea. This will be the first-ever joint venture by The Walt Disney Company to launch Disney Channels anywhere in the world. In a press release, the companies said the joint venture company will launch Korean-language versions of Disney Channel and Playhouse Disney Channel targeted at kids and families in … [Read more...] about Disney Channel, SK Telecom teaming up to launch Korean-language channels
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