Tuesday, March 20, 2007

Korea plans to allow two telecom giants to offer new service| Korea.net News

Korea plans to allow two telecom giants to offer new service| Korea.net News: "Date: March 16, 2007

Korea will allow its two telecom giants to sell a combined service at a discount from July to boost competition and cut customers' communications costs, the information minister said Thursday (March 15).

Under the measure, top fixed-line operator KT Corp. and No. 1 mobile carrier SK Telecom Co. will be permitted to provide a 'package service' combining their flagship products with other services.

Currently, the government bans the heavyweights from providing such a service to prevent them from engaging in unfair competition with their market dominating positions."

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