Lost amidst the hype around WiMAX, South Koreans are snubbing WiMAX/WiBro

I somehow missed this gem in TeleGeography's CommsUpdate (March 14, 2007) until just now:

WiMAX snubbed by users: CommsUpdate : TeleGeography Research

It appears there are only 1,057 subscribers to WiBro in all of South Korea! And SK Telecom's got about 14.3% market share while KT Corp has the remaining.

Why isn't this piece of news being analyzed among the WiMAX community? I don't see even one of the sites that claims to only talk about WiMAX discussing this.

My guess is that the coverage patterns are limited at this stage, despite the significant investments ($658 Million in Korea) and that there simply aren't enough handset/terminal options available. That probably limits use to "nomadic" customers who would probably get just as good service from Korea's ever-present CDMA 3G networks or from WiFi instead.

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