The Ministry of Science, ICT, and Future Planning announced on April 18 that the number of MVNO phone service users topped the 7-million level here in Korea. As of the end of March 2017, the number of MVNO users stood at 7,017,000.
MVNO refers to a mobile service offered by borrowing the networks of existing telecom operators, thereby being available at lower rates. MVNO services attracted as many as 7 million users in five years and nine months after first launch in July 2011, with the share of MVNO services in the mobile market rising to 11.4 percent.
The government has encouraged the use of MVNO services as a way to lower the family communications service expense burden.
To promote the use of MVNO services, the government is working on various initiatives, including the reduction in the cost of using radio waves. About 1,500 post offices nationwide are also selling MVNO services on behalf of ten mid-sized MVNO operators.
MVNO operators are striving to attract more users by offering cheaper rates by more than 30 percent than those of existing telecom operators.