KT Surpasses 100,000 Subscribers for Giga Wi-Fi
[Asia Economy Reporter Koo Chae-eun] KT announced on the 15th that the number of subscribers to 'GiGA Wi Internet' has exceeded 100,000, just over four months after its launch.
GiGA Wi Internet is a new concept WiFi service first introduced by KT in the industry last June. It is a product that adds a mobile WiFi router (GiGA WiFi Buddy, additional WiFi) to the existing wired WiFi router (GiGA WiFi Home ax, basic WiFi). With the mobile WiFi, users can enjoy uninterrupted wireless internet anywhere inside their home.
KT stated that one out of every four new internet subscribers is signing up for GiGA Wi Internet. By product, the subscription rates for 'GiGA Wi Internet 1G' and 'GiGA Wi Internet 500M' account for 95% of the total, receiving strong customer response. Based on a three-year bundled contract, 'GiGA Wi Internet up to 1G' costs 34,100 KRW per month (including VAT), and 'GiGA Wi Internet up to 500M' costs 29,700 KRW per month.
According to a 'GiGA Wi Internet satisfaction survey' conducted by KT with 252 GiGA Wi Internet subscribers, more than 34% of customers responded that they were 'very satisfied,' and 41% said they were 'satisfied.' 90% of respondents expressed an intention to recommend the service.
Customers cited 'stable wireless connection' and 'free installation without location restrictions' as the biggest advantages of GiGA Wi Internet. Not only home users but also small business owners operating stores of about 30 to 40 pyeong (approximately 99 to 132 square meters) said they could freely move the 'Buddy' (110mm*110mm*78mm), which is the size of two cans of tuna, allowing them to create a customized internet environment.
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Lee Sung-hwan, Executive Director of the 5G/GiGA Business Division, said, “KT is Korea’s number one internet provider and has strived to provide the optimal wireless internet environment in the untact era. Starting with GiGA Wi Internet, we will offer innovative services that enhance customers’ lives.” He also announced that KT aims to reach 1 million cumulative GiGA Wi Internet subscribers by the end of 2022.
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