Korean mobile firms fined, to face sales ban

Thursday 27 December 2012 | 09:31 CET | News
The Korea Communications Commission (KCC) has imposed business suspensions on SK Telecom, KT and LG Uplus, including fines for providing discriminating subsidies to lure customers, reports the Yonhap News Agency. The country's three mobile carriers will be banned from attracting new customers for up to 24 days starting in January 2013, and have been fined a combined KRW 11.89 billion, said the regulator. LG Uplus will be barred from gathering new subscribers for 24 days from 07 January 2013, while SK Telecom and KT will also be banned from luring new customers for 22 days and 20 days,

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Categories: Mobile & Wireless
Companies: Korea Communications Commission / KT / LG Uplus / SK Telecom
Countries: Korea, Republic of
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