SEOUL, Jan. 16 (Korea Bizwire) — The South Korean government announced on January 15 its most significant reduction in data wholesale prices in a decade as part of its 2025 telecommunications policy aimed at strengthening the competitiveness of budget mobile carriers. The Ministry of Science and ICT revealed that the wholesale data rate, which budget [...]
SEOUL, Jun. 4 (Korea Bizwire) – As the growth of budget mobile carriers persists in South Korea, SK Telecom, the nation’s largest mobile operator, has continued to lose overall market share. However, a new report shows the company still commands a significant portion of 5G subscriptions. According to a report evaluating the competitiveness of South Korea’s [...]
SEOUL, July 10 (Korea Bizwire) — A senior government official on Monday hinted at the possibility of opening the door of the South Korean mobile communications market to a foreign operator as part of its effort to enhance competition. “We will give adequate policy support to a company in accordance with its request. If it [...]
SEOUL, Nov. 13 (Korea Bizwire) — Huawei’s 17th global R&D center will be established in Korea following the U.S., England, and India. This means that the Chinese electronic giant wants to take advantage of Korea’s high-tech prowess in mobile technology and wishes to penetrate into the Korean smart phone market as a long-term strategy. Kevin [...]