South Korean Mobile Phone Usage to Reach 37.4 million by Year's End.

The Korean Herald reported that the number of mobile phone users in South Korea will probably reach 39.43 million, or 81 percent of the population, by 2008.

By the end of 2004, the number of the country's cell phone users may rise to 37.54 million according to the Korea Information Society Development Institute (KISDI). The current population of South Korea is approximately 48.5 million.

South Korea is Asia's third-largest wireless market and operates one of the world's fastest mobile phone networks. This essentially permits cell users to easily send or receive images and even download songs via wireless Internet.