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 Friday, March 05, 2010

According to local newspaper JoongAng Daily, citing the Korea Communications Commission (KCC), a bill passed last week by South Korea’s National Assembly will pave the way for the entry of mobile virtual network operators (MVNOs). ‘Any company can pursue such a business if it meets the criteria,’ said Shin Yong-seop, communications policy director at the KCC. ‘The bill will take effect in September, and we will be drawing up criteria to select new operators.’ The report says that regulator has been working to reform South Korea’s mobile market for some time, criticizing KDDI, SK Telecom and LG Telecom for charging excessively high prices and spending too much on marketing efforts that do not add quality to their services.

Source: TeleGeography