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, March 7 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. has seen its market share drop below 40 percent for the first time since the establishment of the three-company telecom system, data showed Monday. As per the Ministry of Science and ICT’s wireless communication service subscription status report released on Monday, [...]
SEOUL, July 11 (Korea Bizwire) — Science and ICT Minister Lee Jong-ho on Monday met with the heads of South Korea’s three major telecom operators and requested the introduction of a new mid-tier mobile data product category that better suits users’ data usage. The request came amid recent calls that currently available two tier 5G [...]
SEOUL, Jan. 26 (Korea Bizwire) — South Korea’s major mobile carriers are rolling out various marketing programs targeting children, industry insiders said Sunday, as they aim to secure their future customers ahead of the new academic year. The mobile carriers unveiled new promotions and mobile phone products for kids this month, hoping they can win [...]
SEOUL, Nov. 10 (Korea Bizwire) — South Korea’s telecom players and cable TV network operators are set to join forces to retain and attract more customers in the face of toughening competition with global content providers, gearing up for a major shift in the local media market. The process of mergers and acquisitions (M&As) between [...]
SEOUL, Apr. 24 (Korea Bizwire) — South Korea’s telecommunication companies said Wednesday they will redouble efforts to expand coverage of ultrahigh-speed 5G networks throughout the country and address related complaints by consumers. South Korea was the first country in the world to launch full-fledged 5G services on April 3, which provide super fast connection speeds, [...]
SEOUL, Jan. 9 (Korea Bizwire) — Android smartphone makers are poised to launch 5G-based models in 2019, but the production volume is only expected to reach 5 million units this year, a report predicted Wednesday. Major smartphone makers, such as Samsung Electronics Co. and Huawei, have actively invested in the development of 5G devices to [...]
SEOUL, Jan. 2 (Korea Bizwire) — The number of South Koreans who switched their mobile carriers reached a 13-year low in 2018 due to weaker subsidy competition, industry data showed Wednesday. The country’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — and budget carriers posted a combined 5.67 million [...]
SEOUL, Nov. 23 (Korea Bizwire) — One out of two mobile customers in South Korea say their mobile plan is too expensive. Rep. Kim Kyung-jin, member of the Committee on Science Technology, Broadcasting, and Communication at the National Assembly, conducted an online study to gauge the perception of current mobile plans. In the study, 50 [...]
SEOUL, Oct. 2 (Korea Bizwire) – The number of people newly subscribing to the country’s three mobile operators after quitting low-cost mobile carriers exceeded 490,000 this year, industry data showed Tuesday. According to the data by the Korea Telecommunications Operators Association (KTOA), a total of 494,345 people left plans provided by budget carriers and switched [...]