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IoT Network Subscriptions Top 4 Million in Market

South Korea passed the milestone of 4 million subscribers to Internet of Things (IoT) networks. The IoT customers base growth was mainly boosted by the increasing number of wearable device users, Yonhap news agency reports, citing data from the Ministry of Science, ICT and Future Planning. South Korea ended September with 4.08 million IoT subscribers, compared with 3.96 million two months earlier. The number of South Koreans using wearable telecommunications devices reached 294,000 at end-September, amid the increasing popularity of smart watches in the country.

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