Subscriber Exodus Following Hacking Incident
Number of MVNO Subscribers Surpasses 10 Million for the First Time
SK Telecom's market share in the mobile telecommunications market for June stood at 39%, remaining below 40% for the second consecutive month. This was due to continued subscriber departures following the hacking incident in April.
According to the Ministry of Science and ICT's announcement on August 8 regarding the "Status of Wired and Wireless Communication Service Subscriptions and Wireless Data Traffic Statistics for June," SK Telecom had 22,350,670 subscribers, accounting for 39% of the total mobile subscribers (57,303,514).
This represents a decrease of 0.29 percentage points from May, when the market share was 39.29% due to subscriber churn.
KT and LG Uplus, which benefited from the situation, recorded 13,661,813 subscribers (23.84%) and 11,180,347 subscribers (19.51%), respectively. Their market shares increased by 0.07 percentage points and 0.06 percentage points compared to May.
The number of MVNO subscribers reached 10,110,684 (17.64%), surpassing 10 million for the first time.
According to the telecommunications industry, more than 950,000 customers switched to other carriers from April, when the hacking incident occurred, through early August.
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