LTE phone sales will outnumber 3G phone sales in March

South Korea’s fourth generation long-term evolution (LTE) smartphones, first launched in October last year, are expected to outperform their predecessor 3G smartphones in terms of new monthly subscribers only six months since they entered the race.

LTE phones sold only 4,000 units in the initial launch in September last year, but made a swift rise to 1.17 million units by October. So far this year, new LTE subscribers have been averaging over 0.7 million each month, sources in the mobile sector disclosed Wednesday.

The number of new LTE subscribers reached 746,000 in February, nipping at the heels of 3G subscribers which added up to 781,000. At this rate, new LTE subscribers will exceed 800,000 by March and beat its 3G rivals which are expected to see stale performance in the 700,000 range.

For full article see Maeil Business.