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Leading 5G operators' pragmatic quick-win approaches via traffic monetization, device upgrades, and content services.
By Liu Jinshan, Huawei Carrier BG
Back in April 2019, South Korean carriers took the lead in launching 5G and achieved first-mover success. LG U+, for example, has achieved year-over-year growth in wireless service revenue for 13 consecutive quarters, reversing the downturn seen before 2018. Financial reports from the carrier reveal that its wireless service revenue increased by 14% in 2022 Q1 over 2019 Q1, shortly before 5G was commercially launched.