Friday, February 15, 2008

[Korea.net News, Economy / Industry, December 23 2008] LG Telecom follows market leaders in message service rate cut

LG Telecom, Korea’s smallest mobile carrier, said Sunday (Dec. 23) that it will lower its short message service (SMS) fees next year, a move that follows the recent decisions of bigger rivals to cut the rates many customer groups say are "too expensive."

Starting Jan. 1, LG Telecom’s 7.74 million subscribers will be able to send an SMS at 20 won (2.1 cents) per message, down from the previous 30 won, the company said in statement. LG Telecom also said that it will reduce the fees for long message service (LMS) from 60 won to 40 won next year.

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