Korea postpones plans to launch 4th mobile carrier

Wednesday 24 February 2016 | 14:19 CET | News
The South Korean Ministry of Science, ICT and Future Planning has decided to postpone the launch of another mobile carrier in the country, after its previous attempts made no headway due to the lack of financially qualified bidders, the Korea Times reported. The ministry has since 2010 opened bidding seven times with the aim of setting up a new mobile carrier, opening up competition and lowering subscription prices. The company is currently dominated by SK Telecom, KT and LG Uplus.

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Categories: Mobile & Wireless
Companies: KT / SK Telecom
Countries: Korea, Republic of
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