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SK Telecom ends 2023 with 15.67 million 5G subscribers

February 6, 2024

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SK Telecom, South Korea’s largest telecom operator, ended Q4 2023 year with a total of 15.67 million subscribers in the 5G segment, up 17% from 13.4 million in the same period the previous year, the carrier said in its earnings statement.

During the fourth quarter of the year, the Korean carrier added nearly 524,000 5G subscribers. At the end of 2023, the operator’s 5G subscribers accounted for 68% of its overall handset subscribers, up from 58% at the end of December 2022.

In the LTE segment, SK Telecom ended the period with 15.07 million subscribers, down from 15.4 million in the previous quarter.

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