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Seoul, January 31 (Korea Bizwire) — The South Korean government announced Tuesday that it will grant new operators exclusive rights to additional 5G network frequency bands for three years to help local firms enter the new high-speed network services sector.
According to the Ministry of Science, Technology and Information and Communication, new operators will be given preferential use of one of two frequency bands with 28 gigahertz wavelengths, while the other band will be reserved for service by the original operator. Assigned three years after starting.
The operator will be the sole service provider in the 28 GHz spectrum for the first three years, giving it time to secure the market. Economic benefits such as tax cuts and new loans will also be provided to businesses, the ministry added.
The move comes after the government stripped two local mobile operators, KT Corp. and LG Uplus Corp., of their right to use the 28 GHz spectrum last month, citing them as failing to meet network construction requirements. rice field.
Market leader SK Telecom Co.’s 28 GHz license term has also been shortened.
“Given that new investments in the 28 GHz band may be difficult due to the growing economic uncertainty both domestically and internationally, the government has decided to enter markets where companies can take their time. It gives them the opportunity to do so,” the ministry said.
South Korea has reserved two spectrum bands, 3.5 GHz and 28 GHz, for its 5G network, which is known as a key technology for high-speed mobile services.
The 28 GHz spectrum has a smaller coverage area than the 3.5 GHz, but it is advantageous for distributing data traffic in densely populated areas, offering higher speeds and lower latency.
While telecom operators in developed regions like the United States and Japan are aggressively expanding their 28 GHz networks, 33 countries, including Australia and India, are currently preparing to allocate 28 GHz spectrum bands and roll out services. doing.
The country’s three carriers have built networks for the 3.5 GHz spectrum, but are still lukewarm about expanding their 28 GHz networks.
The ICT ministry said it will begin the process of selecting new 5G mobile operators in the second quarter of this year.
(union)
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