South Korea Telecoms Outlook: 5G To Sustain Growth, Pay-TV Still A Key Focus

摘要

1. The three South Korean telecoms incumbents reported resilient operational and financial results in the first half of 2020, supporting our bullish view of South Korea's telecoms sector. 2. 5G will remain the key priority for operator capex in the coming quarters, although we expect funds will be earmarked for acquisition of cable TV players, which will be complementary to the IPTV offerings of the incumbent operators.