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Article: South Korea Plans Deregulation of Cell Phone Service Market.
- Article from:
- YON - Yonhap News Agency of Korea
- Article date:
- June 10, 2004
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SEOUL, June 10 (Yonhap) -- The government is taking steps to introduce a new policy in the cell phone service market aimed at allowing fixed-line telecom or non-telecom companies to enter the market without their own networks, the Ministry of Information and Communication said Thursday.
The new measure, which is called a mobile virtual network operator (MVNO), is aimed at encouraging effective competition in the country's 16-trillion-won mobile phone service industry, which is now dominated by SK Telecom Co. Introduction of the policy means that fixed-line telecom or non-telecom operators will be able to offer mobile phone services by leasing network ...