SK Telecom Launches World's First 4G LTE-Advanced Network

SK Telecom (NYSE: SKM  ) launched the world's first 4G LTE-Advanced network in South Korea today, providing the fastest available data speeds for the same price as 4G LTE. 

The company's LTE-A network brings download speeds of up to 150Mbps, which is two times faster than LTE speeds and 10 times faster than 3G speeds. The new network is currently available in Seoul and areas of Gyeongg-do and Chungcheong-do, with plans to expand coverage to 84 cities across South Korea.

Park In-sik, president of network business operations at SK Telecom, said in a press release, "SK Telecom is proud to announce the world's first commercialization of LTE-A. By supporting twice faster speeds than LTE, LTE-A will not only enhance customers' satisfaction in network quality, but also give birth to new mobile value added services that can bring innovative changes to our customers' lives."

Right now, the only LTE-A phone available is the Samsung Galaxy S4 LTE-A, but SK Telecom said in a statement that it will have seven LTE-A phones available in the second half of 2013. 

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Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 27, 2013, at 12:16 AM, Gaeseki wrote:

    NEWS:Twice as quick as 4G: World's fastest wireless network launches in South Korea... and you can download a movie in 40 seconds!--26/June/2013

    >SK Telecom Co launches super fast network that is 10 times faster than 3G

    >Samsung Galaxy S4 LTE-A is the first handset available for the LTE-Advanced network.

  • Report this Comment On June 27, 2013, at 12:50 AM, Gaeseki wrote:

    S.Korea's mobile network touted as world's fastest - CBS News-6/25/2013

    S.Korea leads world in smartphone penetration rate with 67.6%---6/25/2013-- Data by US Strategy Analytics

    US 39.8% and Japan 39.9%

    S.Korea already known for the world's fastest Internet connections —unrivaled ,the fastest globally by far

    --------

    S.Korea's latest wireless technology are the envy of the world !!

  • Report this Comment On June 27, 2013, at 12:51 AM, Gaeseki wrote:

    NEWS►"Samsung GalaxyS4 Ranked to Fastest Smartphone in the World" ! Vs. iPhone5 is the Slowest Smartphone Among the Smartphones---6/24/2013---UK Consumer Watchdog Tests

    ---

    Samsung GalaxyS4 is Almost Twice As Fast according to consumer champions"Which" who carried out industry-recognised laboratory tests.

    The findings will be a blow to those iPhone 5 fans who have wrongly assumed their trendy mobile, the best-selling in the world, is also the best.

    Which? used what are known as the Geekbench speed tests. The higher the score, the faster the phone. The Samsung S4 scored 3,188 to ranked #.1 and the iPhone 1,664.ranked to #.7 bottom list.

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