[Related Article] Mixed Prognosis on Unlimited LTE Rate Offers by Mobile Operators (Korea Bizwire, April 4)
To a decision by three mobile telecom service providers on April 2 to offer their LTE customers unlimited data rates, stock analysts were mixed in their verdict. Some said it was one of the worst moves for their bottom line while still others suggested it could be an opportunity for them. LG U+ said on the 2nd in a press conference that it would lower the monthly LTE unlimited rate to 80,000 won from the current 100,000 won. SK Telecom had earlier announced a similar rate scheme. KT will follow suit with two unlimited rate schemes on the 7th. (see the full text of this news)