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S. Korea’s Telecom Market Lacks Competition

S. Korea’s Telecom Market Lacks Competition

SEOUL, May 26 (Korea Bizewire) — South Korea’s telecommunications market dominated by three major firms lacks competition and needs to improve its structure to provide better services to consumers, a state-run think tank said Tuesday. The Korea Information Society Development Institute (KISDI) said although competition in the local telecom market, viewed as an oligopoly, has [...]

Korean Telcos Promote Baseball Content to Attract Fans at Home amid Pandemic

Korean Telcos Promote Baseball Content to Attract Fans at Home amid Pandemic

SEOUL, May 23 (Korea Bizwire) — South Korean telecommunication firms said Saturday they have released various services and content related to the country’s professional baseball league as they try to attract baseball fans at home amid the coronavirus pandemic. The new Korea Baseball Organization (KBO) season started May 5 after South Korea managed to flatten [...]

Netflix Pressed to Share Network Costs in S. Korea

Netflix Pressed to Share Network Costs in S. Korea

SEOUL, May 21 (Korea Bizwire) — Netflix, the world’s leading video streaming service provider, will come under growing pressure to share the network costs here following the revision to related laws, industry sources said Thursday. On Wednesday, the National Assembly approved the revision to the country’s telecommunications business act, which stipulates, in a nutshell, foreign [...]

KT to Conduct Epidemic Study with Support from Bill & Melinda Gates Foundation

KT to Conduct Epidemic Study with Support from Bill & Melinda Gates Foundation

SEOUL, May 17 (Korea Bizwire) — KT Corp., South Korea’s leading telecommunication firm, said Sunday it will conduct a research project on epidemic prevention with financial support from the Bill & Melinda Gates Foundation. A South Korean consortium led by KT will carry out the project named “A Next Generation Surveillance Study for Epidemic Preparedness,” [...]