Arab Today, arab today mobile carriers punished for excessive subsidies
Last Updated : GMT 14:51:08
Arab Today, arab today
Arab Today, arab today

Mobile carriers punished for excessive subsidies

Arab Today, arab today

Arab Today, arab today Mobile carriers punished for excessive subsidies

Seoul - Yonhap

South Korea's three top mobile operators were levied a record-setting 106.4 billion won (US$100.6 million) in penalties for doling out illegal subsidies to customers in an attempt attract new subscribers, a persistent practice that is to blame for the overheated market. The Korea Communications Commission (KCC), the country's telecom watchdog, said it is ordering fines on the top players -- SK Telecom with 56 billion won, KT with 29.7 billion won and LG Uplus with 20.7 billion won.

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