South Korea to foster 5G competition via MVNOs

According to a report, South Korea’s ICT Ministry announced that it aims to boost competition in the domestic 5G market through the release of affordable mobile data plans from mobile virtual network operators (MVNOs). The ICT ministry said that the a total of 10 MVNOs will release new 5G plans that provide up to 30 gigabytes of data for around US$35. South Korea’s telecom operators currently provide 5G services via non-standalone 5G networks, which relies on previous 4G LTE networks.