Friday, August 03, 2007

[The Chosun Ilbo, July 24 2007] More Consumer-Friendly Telecom Rules Promised

The government will permit the resale of communications services when a business has over 50 percent market share, like in the mobile and wired telephony market, or when market entry barriers exist, Minister of Information and Communication Roh Jun-hyong announced Monday. Resale means a new business sells the products of existing communication service providers by proxy or sells independent products through networks borrowed from existing service providers. Once the ministry has put the legal framework into place, corporation groups without a communication service affiliate such as Samsung or Hyundai Motor can enter the communications market, increasing the number of service providers and, it is hoped, lowering telecom charges.

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