The number of subscribers to mobile network services in South Korea will top 60 million by the end of this year, Yonhap news agency reports, citing unnamed industry sources. According to data released by the South Korean Ministry of Science, ICT, and Future Planning, the number of customers with mobile network accounts, including those for wearable devices, reached 59 million at end-February. South Korea's population currently stands around 51.5 million, thus the figure indicates that many people have more than one mobile account.
In February alone, the number of new mobile subscribers increased by 189,585 month-on-month. of these, around 70,270 were wearable and other IoT service users. The number of smartphone users in South Korea rose to 44.1 million at 29 February, up 267,446 from end-January .The feature phone user base declined by 150,965 customers in the month to 9.66 million at end-February.
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