SEOUL, June 30 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, lost its top spot in local brand value rankings following a data breach that affected its entire 25 million user base, a local brand valuation firm said Monday. SK Telecom earned 850.1 points on the BrandStock Top Index (BSTI) for the [...]
SEOUL, June 26 (Korea Bizwire) — As voice phishing scams using AI-generated fake voices and images continue to rise in South Korea, LG Uplus is stepping in with cutting-edge countermeasures. The telecom company announced Thursday the commercial rollout of its new ‘Anti-DeepVoice’ and ‘Anti-Deepfake’ technologies aimed at detecting fraudulent audio and video content. Unveiled earlier [...]
SEOUL, June 19 (Korea Bizwire) — A wave of consumer complaints is erupting over how some South Korean law firms are handling group lawsuits related to the high-profile hacking incident involving SK Telecom. Critics say certain firms are aggressively soliciting participants and collecting upfront fees without adequate explanation—only to later demand detailed evidence of damages, [...]
With millions rushing to replace compromised USIM cards, South Korea’s telecom giant faces a pivotal test: repairing its defenses — and its reputation. SEOUL, April 29 (Korea Bizwire) – In the span of just 24 hours, nearly 280,000 SK Telecom customers walked into shops across South Korea to swap out the tiny chips that power their [...]
SEOUL, April 28 (Korea Bizwire) — In a country where mobile connectivity is as vital as the air people breathe, a hacking scandal at SK Telecom, South Korea’s largest wireless carrier, has shaken public trust — and the sense of security that underpins daily life. Nearly ten days have passed since the breach was first detected, [...]
SEOUL, April 28 (Korea Bizwire) — SK Telecom, South Korea’s largest mobile carrier by subscriber count, is experiencing a surge in customer defections in the wake of a major hacking incident, industry data showed Monday. According to telecommunications industry sources, 1,665 SK Telecom subscribers switched to rival carriers on April 26. Of these, 1,280 users ported [...]
SEOUL, April 28 (Korea Bizwire) — SpaceX and OneWeb are on track to launch low-Earth orbit (LEO) satellite communication services in South Korea before the end of 2025, according to the Ministry of Science and ICT. The ministry announced on April 27 that administrative procedures for approving the companies’ domestic satellite services are in the final [...]
SEOUL, April 21 (Korea Bizwire) — South Korea’s major telecommunications companies are accelerating efforts to make their services more accessible to people with disabilities, deploying a growing suite of AI-powered, barrier-free technologies that extend far beyond traditional communication tools. SK Telecom announced this week that it plans to launch a smart glasses device for the visually [...]
SEOUL, April 18, (Korea Bizwire) — Woori Bank has officially entered South Korea’s budget telecom market with the launch of its new mobile virtual network operator (MVNO) service, WooriWON Mobile, which began operations on April 18, 2025. To mark the launch, Woori Bank is offering promotional benefits worth up to 300,000 won for new customers [...]
SEOUL, April 16, (Korea Bizwire) — After a brief slowdown at the end of 2024, South Korea’s budget mobile phone market is rebounding in early 2025, buoyed by new low-cost 5G data plans and increased government support. According to data released Monday by the Ministry of Science and ICT, the number of mobile subscriptions under [...]