SK Telecom faces additional fines over subsidies

South Korea’s telecoms regulator said it will fine market leader SK Telecom (SKT) for providing illegal discounts to attract customers and clear handset inventories ahead of the launch of the Samsung’s new flagship, Galaxy S6. The Korea Communications Commission (KCC) …

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SK Telecom’s profit jumps 12% in 2014 on solid LTE gains

South Korea’s largest operator SK Telecom reported an 11.8 per cent jump in its net profit for 2014 due to strong LTE subscriber growth and equity gains from SK Hynix. The operator, which has a 49 per cent market share, …

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SK Telecom’s profit jumps 12% in 2014 on solid LTE gains

South Korea’s largest operator SK Telecom reported an 11.8 per cent jump in its net profit for 2014 due to strong LTE subscriber growth and equity gains from SK Hynix. The operator, which has a 49 per cent market share, …

The post SK Telecom’s profit jumps 12% in 2014 on solid LTE gains appeared first on Mobile World Live.

SK Telecom again faces probe for high subsidies

South Korea’s SK Telecom (SKT) once again is facing a probe by the telecoms regulator for giving customers illegal subsidies for smartphones at its retail outlets. The Korea Communications Commission is looking into only SKT after conducting routine inspections at …

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South Korea claims subsidy bill has led to lower mobile costs

South Korea’s Ministry of Science, ICT and Future Planning claimed that a new bill aimed at increasing the transparency of handset subsidies has benefited consumers as they have shifted to lower-cost plans since the regulation was introduced three months ago. …

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Penalties unlikely to curb Korea’s illegal subsidies – brokerage report

Fines by South Korea’s regulator on mobile operators for giving new customers illegal subsidies are deemed unlikely to curb the widespread practice. Last week the country’s three major operators were each fined KRW800 million ($717,000) for not reducing their subsidy levels …

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