South Korea’s Fair Trade Commission finalized a 96.3 billion won ($69.7 million) fine against SK Telecom, KT, and LG Uplus for colluding to limit number portability inflows, confirming violations of the Fair Trade Act and issuing corrective orders.
#YonhapInfomax
#KFTC #SKTelecom #NumberPortability #FairTradeAct #CollusionFine
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71008
KFTC Finalizes 96.3 Billion Won Fine Against Top Three Mobile Carriers for Collusion on Number Portability Cases

South Korea’s Fair Trade Commission finalized a 96.3 billion won ($69.7 million) fine against SK Telecom, KT, and LG Uplus for colluding to limit number portability inflows, confirming violations of the Fair Trade Act and issuing corrective orders.

Yonhap Infomax
SK Telecom CEO promises compensation for SIM card damages regardless of protection service subscription, amid discussions on abolishing carrier switch fees and addressing SIM card shortages.
#YonhapInfomax #SKTelecom #SIMCardProtection #NumberPortability #TerminationFees #SIMCardShortage #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61136
SK Telecom CEO Yu - 'Compensation for SIM Card Damage Even Without Protection Service Subscription'

SK Telecom CEO promises compensation for SIM card damages regardless of protection service subscription, amid discussions on abolishing carrier switch fees and addressing SIM card shortages.

Yonhap Infomax
South Korea's FTC fines three major telecom companies 114 billion won for colluding to adjust number portability subscribers, aiming to promote market competition and reduce household communication expenses
#YonhapInfomax #FairTradeCommission #TelecomCompanies #NumberPortability #MarketCollusion #CompetitionRestriction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53861
FTC - 'Three Major Telecom Companies Colluded to Adjust Number Portability Subscribers'

South Korea's FTC fines three major telecom companies 114 billion won for colluding to adjust number portability subscribers, aiming to promote market competition and reduce household communication expenses

Yonhap Infomax
FCC issues cell-swapping guidelines

Telephone regulators issue a series of guidelines to help cell phone carriers meet an upcoming deadline to let customers switch to rival companies but keep their old phone numbers.

ZDNET
FCC issues cell-swapping guidelines

Telephone regulators issue a series of guidelines to help cell phone carriers meet an upcoming deadline to let customers switch to rival companies but keep their old phone numbers.

ZDNET