Monday, 20 November 2017

Korea watchdog slaps record fine on telcos

By Nick Wood, Total Telecom
Friday 19 July 13

SK Telecom, KT Corp, LG Uplus all found to have exceeded upper limit on handset subsidies.

South Korea's mobile operators have been slapped with another fine after all three were again found to be offering excessive subsidies. The Korea Times reported on Thursday that the Korea Communications Commission (KCC) has imposed a record 66.96 billion won ($59 million) fine that will be divided between the telcos thusly…

South Korea's mobile operators have been slapped with another fine after all three were again found to be offering excessive subsidies. The Korea Times reported on Thursday that the Korea Communications Commission (KCC) has imposed a record 66.96 billion won ($59 million) fine that will be divided between the telcos thusly…

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