|By Business Wire||
|March 28, 2014 07:32 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/pk37rz/south_korea_a) has announced the addition of the "South Korea: A National Broadband Plan for a Smart Country, Built on LTE and FTTH Leadership" report to their offering.
South Korean operators have invested significantly in fixed and mobile broadband networks to offset the effects of market saturation and sustain revenue growth. We expect mobile data revenue to drive top-line growth, with LTE customers simply consuming more data. We expect consolidation in the pay-TV market, where cable networks are challenged by the three integrated operators.
South Korea will hold onto its fourth place in total market revenue in Asia through 2017, behind China, Japan and India, as it grows at a CAGR of 1.1%, from US$32.3bn in 2012 to $34.1bn in 2017. Operators have invested significantly in fixed and mobile broadband networks to offset the effects of market saturation and to sustain revenue growth. The author expects mobile data revenue to drive top-line growth by expanding 38% from 2012 to 2017, with LTE customers simply consuming more data. Given that Korea already boasts the highest FTTH penetration of households globally, fiber-enabled service bundles should generate $10.1bn in revenue by 2017, up from $8.78bn in 2012. SK Telecom, Korea Telecom (KT) and LG U+ account for a combined 87.6% of all telecom revenue in South Korea, and we expect that share to grow over the next five years. The three companies offer fixed, mobile and pay-TV services. Bids to create a fourth mobile player with a WiBro network were rejected by the regulator in 2012. The author expects consolidation in the pay-TV market, where cable networks are challenged by the three integrated operators.
For more information visit http://www.researchandmarkets.com/research/pk37rz/south_korea_a
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