BMI View: Ongoing efforts by the operators to improve their network infrastructure in a bid to cater to rising demand for faster data transmission will provide further impetus to 4G market growth in South Korea. In addition, a spectrum auction scheduled for H215 could pave the way for 5G technology.
The migration from 3G to 4G continues to grow apace. The mobile market has continued to expand, even with penetration at around 117% in 2014.
The fixed-line market is still expanding, mostly due to the growth of VoIP, but it is slowing noticeably. Growth in the broadband market has slowed due to a combination of high penetration rates for wireline services and competition from LTE services.
The Ministry of Science, ICT and Future Planning is reviewing the country's mobile communications market with a view to increasing competition and consumer choice. Initiatives being considered include the lowering of wholesale network and spectrum access charges payable by MVNOs to their host network partners, as well as deferring MVNOs' spectrum usage payments by another year, until September 2016. The government is also keen to license a fourth mobile network operator, but BMI believes a new investor would struggle to differentiate itself. MVNO subscriptions have grown rapidly and passed the 5mn mark in mid-April 2015. Lower wholesale rates and greater regulatory latitude in approving new service plans will further drive demand for low-cost MVNO services and provide sufficient competitive impetus.
The Korea Communications Commission (KCC) plans to auction 700MHz spectrum in H215 to resolve a dispute over use of the spectrum between South Korea's broadcasting and telecoms sectors. Broadcasters argue that that the 700MHz spectrum should be reserved only for them, but mobile operators are against the view, citing need for more spectrum to respond to rising data traffic. The auction will be open to both broadcasters and mobile operators. The...
The South Korea Telecommunications Report features BMI Research's independent industry forecasts on the future strength of South Korea's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.
BMI's South Korea Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in South Korea.
- Benchmark BMI's independent telecoms industry forecasts for South Korea to test other views - a key input for successful budgeting and strategic business planning in the Korean telecoms market.
- Target business opportunities and risks in South Korea's telecoms sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in South Korea.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).
BMI Industry View
Summary of BMI’s key industry forecasts and views, covering the ARPU, fixed-line, mobile (including 3G & 4G), internet and broadband markets.
Industry SWOT Analysis
Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the wireline and wireless sectors and within the broader political, economic and business environment.
BMI Industry Forecast Scenario
Historic data series (2010-2013) and forecasts to end-2019 for all key industry indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast.
- Fixed-line Telephony – Telephone lines (‘000); telephone lines/100 inhabitants.
- Cellular Telephony – Mobile phone subscribers (‘000); mobile phone subscribers/100 inhabitants; and where available, 3G & 4G subscribers (‘000); 3G & 4G subscribers/100 inhabitants; 3G & 4G subscribers as a percentage of overall mobile market.
- Internet Markets – Internet users (‘000); internet users/100 inhabitants; broadband internet subscribers (‘000); broadband internet subscribers/100 inhabitants.
BMI’s Telecommunications Risk Reward Index
BMI’s Risk Reward Indices provide investors (vendors, operators and suppliers) looking for opportunities in the region with a clear country comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide an Indices of highest to lowest appeal to investors, with each position explained.
Market Data Analysis
Detailed market analysis of the mobile, mobile content, fixed-line and internet segments, broken down into:
- Market Data – Analysis of market size, operator shares, dominant trends, competitive landscape and key quarterly data.
- Technology/Service Rollout – Analysis of rollout/adoption of new technology, such as 3G & 4G, WiMAX, IPTV, pay-TV, LTE and valueadded handset services (gaming, music, video, apps etc.).
- Mobile Content – The latest trends in content and services available and being introduced by mobile operators, including a timeline of all the latest major mobile content developments.
Company Database – A comprehensive breakdown of KPIs of the leading mobile operators, including subscriber figures by type (pre-paid and post-paid); 3G & 4G subscriber figures; net additions; market share; ARPU; churn rates; minutes of use; voice and non-voice revenue; financial figures (including operating revenues, net profits and EBITDA).
Details of the regulatory bodies and their responsibilities, as well as a special focus on the rules surrounding competition and interconnection. Also covers the latest updates in the market’s development and regulatory rulings.
Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.
The Telecommunications Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.
*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.