According to the OECD, South Korea has the world's best 5G infrastructure and ranks second in the number of users.
South Korea is actively building digital infrastructure. (Source: Wikipedia) |
Recently, the Ministry of Science and ICT of Korea (MSIT) said that Korea's digital infrastructure is rated as the best in the world in the "Digital Economy Outlook Report 2024" published by the Organization for Economic Cooperation and Development (OECD).
The report shows that as of 2023, South Korea's 5G infrastructure will rank first among OECD member economies, including China and European Union (EU) countries.
South Korea also ranks second in the number of 5G users.
South Korea has the highest number of base stations per 100,000 people at 593, followed by Lithuania (328) and Finland (251). The average for OECD members is around 100.
The United States has the highest number of 5G connections per 100 people, at 68.4. South Korea is next with 63. Finland (58), China, Australia (all 57) and Japan (56) are next. The OECD average is 38.6.
According to analysis in the report, demand for high-quality broadband services is increasing as digital transformation projects continue to take place in each country and investment in the telecommunications sector in the OECD has increased by 18% over the five years from 2018-2023.
The number of mobile broadband subscriptions in the OECD area has more than doubled in the 10 years since 2013, reaching 1.86 billion.
MSIT said that the cost of the three-pack of high-speed Internet, landline phone and TV in Korea is also considered the cheapest.
According to Minister of Science and ICT of Korea Yoo Sang Im, through the evaluation from OECD, it can be affirmed that Korea's efforts and achievements in building digital infrastructure are at an extremely positive level. Korean authorities will continue to strive to build an innovative network environment and establish a safe digital ecosystem.
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