Analysis: South Korea’s high-speed 5G mobile revolution gives way to evolution

Published by
Reuters

By Byungwook Kim SEOUL (Reuters) – South Korea was the first country to launch a fifth-generation mobile network in 2019, heralding a warp-speed technological transformation to self-driving cars and smart cities. Three years on, the giddy promises are unfulfilled. Some 45% of the country’s people are now on 5G, one of the highest rates globally, after some $20 billion in spending on network upgrades that have boosted connection speeds five-fold. But telecommunications companies have not been willing to invest in the fancier technology that would ramp speeds by 20 times over 4G technology. That…

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