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Wireless

South Korean operators face record fine over illegal subsidies for 5G customers - report

Wednesday 17 June 2020 | 12:13 CET | News
South Korean operators face a record fine over their illegal subsidies for 5G customers, Yonhap news agency reports, citing unnamed industry sources. According to the same sources, the Korea Communications Commission (KCC) will hold a meeting soon to discuss illegal subsidies offered by mobile operators in 2019 to attract customers to their 5G networks. Industry insiders said the penalty on SK Telecom, KT and LG Uplus is expected to be largest since the country introduced a new law to curb illegal subsides in October 2014.

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