Korean telecoms companies to share 5G facilities and equipment

The project to build what is widely referred to as 5G (fifth generation) digital networks, more properly called "next generation networks," is attracting a great deal of attention these days, as well it should.   On a global level, this project is undoubtedly the largest engineered infrastructure project in human history.  Accordingly, it is very costly.   Hence the importance of the recent announcement here in Korea that, with government encouragement, the major telecommunications service providers would share the cost of installing 5G facilities and equipment. (see for example, this article in BusinessKorea)   This is an important development and one to watch closely.