Arab Today, arab today s korea phone firms fined over subsidies
Last Updated : GMT 12:49:27
Arab Today, arab today
Arab Today, arab today

S Korea phone firms fined over subsidies

Arab Today, arab today

Arab Today, arab today S Korea phone firms fined over subsidies

Seoul - AFP

A South Korean watchdog said it fined three mobile service providers almost $ 11 million in total for trying to lure each other’s subscribers with banned subsidies in the fiercely competitive market. The Korea Communications Commission said it fined top mobile carrier SK Telecom 6.89 billion won, while KT and LG Uplus were fined 2.86 and and 2.15 billion won respectively. The commission banned LG Uplus from signing up new subscribers for 24 days from January 7. SK Telecom was banned for 22 days and KT for 20 days. Authorities have periodically penalized telecoms firms for trying to poach subscribers from rival companies with excessive subsidies, saying such a practice would hurt fair competition. The commission Monday urged mobile carriers to focus instead on providing a high-quality service and low service charges. South Korea, one of the world’s most wired countries, has more than 30 million smartphone users out of a total population of some 50 million.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea phone firms fined over subsidies Arab Today, arab today s korea phone firms fined over subsidies

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korea phone firms fined over subsidies Arab Today, arab today s korea phone firms fined over subsidies

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday