The three telecom companies in Korea, SK telecom, KT, and LG Uplus, have all been monopolies for more than 20 years. To change this system, the Korean government will lower the fee for giving a new operator a frequency allocation and give the new operator help, such as loans of up to 400 billion won.
On July 6, the Ministry of Science and ICT (MSIT) announced a plan to increase competition in the Korean telecommunications market. The....
Tags : Korean government , telecoms market, SK telecom, KT, and LG Uplus,
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