Korean communications provider SK Telecom has seen its LTE subscriber base exceed 7 million on 12 December, achieving its 2012 target for LTE subscribers. The company launched LTE services in July 2011. The LTE subscribers make up 26 percent of SK Telecom's total mobile subscriber base, the Korea IT Times reports. The company said that LTE uptake was boosted by the launch of the Apple iPhone 5 and that it signs up 60,000 customers per day on average. The company expects to end the year with 7.4 million LTE subscribers and expects to double the base to 14 million before the end of next year.
Source: Telecom Paper.