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KT Breaks 3 Mil. Level in Number of Giga Internet Subscribers

May 15, 2017 08:31|May 15, 2017 08:31
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KTannounced on May 14 that the number of its Giga Internet subscribers passed the3-million level. This figure is equivalent to 35 percent of its totalsubscribers (8.6 million) and 60 percent of those who subscribe to the GigaInternet service offered by the nation's big three-telecom companies includingKT, SK Broadband and LG U+.

KTdeclared the commercialization of Giga Internet service first in Korea at theITU conference held in Busan in October 2014, with the number of its GigaInternet subscribers rising from 1 million in December 2015 to 2 million inSeptember 2016.

ForKT, it took 14 months to reach the 1-million level in the number of GigaInternet subscribers, 9 months to reach 2 million and 8 months to reach 3million, indicating that the pace of growth in the company's Giga Internetsubscribers has been picking up.

KT'sGiga Internet service comes in two types including 0.5 Gbps and 1 Gbps. Theshare of the 1-Gbps service which was introduced later than the 0.5-Gbps one,rose from 8 percent in the first quarter of last year to 30.9 percent in thefirst quarter of this year.