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SK Telecom, KT, LG Uplus fined for illegal handset subsidies

2014-08-22 09:56:00| Telecompaper Headlines

(Telecompaper) The Korea Communications Commission (KCC) fined SK Telecom, KT and LG Uplus a combined KRW 58.4 billion for providing illegal handset subsidies, The Korea Times reports. The KCC says it "found the three violated regulations on subsidies". The KCC investigation showed that the operators' subsidies averaged 621,000 won per subscriber. KCC limits the amount of subsidies to KRW 270,000.

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Category:Telecommunications

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