South Korea signs up 40 million mobile users

The number of mobile phone subscribers in South Korea has passed 40 million, according to the Korea Herald citing government officials. According to the country's three major telecom carriers – SK Telecom, KTF Corp and LG Telecom – total wireless subscribers reached 40,010,247 at the end of last week, with an average 6,000 new subscribers signing up daily during November. According to the paper, SK Telecom is the country's largest wireless carrier with more than 20.17 million subscribers and a 50.5% share of the market. KTF boasts 12.8 million subscribers and 32.1% of the market, followed by LG Telecom with 6.9 million users and a 17.4% share.