SEOUL, Jun. 23 (Korea Bizwire) — President Moon Jae-in’s policy advisory committee announced Thursday that it will encourage local mobile operators to expand the discount rate of mobile phone fees and offer an additional benefit to low-income customers, as part of efforts to reduce the cost burden for mobile phone users. During the presidential campaign, [...]
SEOUL, June 19 (Korea Bizwire) – South Korea’s mobile carriers are keeping a watchful eye on possible moves by the government to cut subscription costs for telecom services that will impact their earnings, industry watchers said Sunday. The Ministry of Science, ICT, and Future Planning will hold a session with the State Affairs Planning Advisory [...]
SEOUL, Jun. 15 (Korea Bizwire) — South Korean web hosting site Nayana Communication has struck a deal with ransomeware hackers to pay over 1 billion won to bail the company out of its predicament after losing access to data that hackers encrypted. The South Korean web hosting provider released a statement yesterday, acknowledging a deal they [...]
SEOUL, Jun. 12 (Korea Bizwire) — Following in the footsteps of SKT and LG Uplus, KT is freeing its Wi-Fi access points to the public, becoming the last of the three major South Korean mobile network providers to join the government’s effort to create a nationwide free Wi-Fi zone. KT’s latest move to join its [...]
SEOUL, June 8 (Korea Bizwire) – South Korean mobile carriers are bracing for a possible shake-up of phone bills, as the government inches towards scrapping what are known as basic charges, fees that have been a key driver of profits for telecom companies in the past. After years of criticism and complaints, pressure from newly-elected [...]
SEOUL, June 7 (Korea Bizwire) – Following controversy surrounding its use of a free cache server in South Korea last month, Facebook, the American social network giant, is once again embroiled in controversy as a growing number of users have complained about the misleading description of its messaging app that tricked many people into downloading [...]
SEOUL, Jun. 5 (Korea Bizwire) — The monthly data consumption of South Koreans using the fourth-evolution network (LTE) surpassed 6 gigabytes for the first time in April, reflecting the rising demand for video streaming and other services in the mobile environment, industry data showed Friday. According to the data compiled by the Ministry of Science, [...]
SEOUL, May 18 (Korea Bizwire) – The row between South Korean internet provider SK Broadband and social networking giant Facebook continues following reports of connection issues for Facebook users on SK Broadband connections. With the country witnessing for the first time a clash between a foreign content provider and a telecom network over shared broadband network [...]
SEOUL, May 17 (Korea Bizwire) – SK C&C is launching a new physical distribution service which uses a distributed database system called a blockchain, the company announced yesterday. Blockchain is a groundbreaking technology that allows users to keep a record of all their transactions transparently, in linear and chronological order. Instead of saving information on a [...]
SEOUL, May 16 (Korea Bizwire) – Facebook is allegedly in a dispute with SK Broadband over its share of data traffic costs, after the South Korean internet provider rebuffed the social networking giant’s request to provide the free use of a cache server, which helps to speed up access to data. After sitting together at the [...]