South Korea's Communications Commission is wresting control of the domestic cellphone market away from operators. From May 1st, it is opening the handset business open to any vendor, who will sell phones unlocked so consumers can decide their choice of network. The plan is aimed at lowering prices by introducing competition between the retailers -- although some voices in the industry have expressed concerns that the operators will withdraw discounted offers in retaliation.
Finding the biggest domestic mobile manufacturers and operators guilty of colluding to fix prices and defraud consumers, South Korea’s Fair Trade Commission (FTC) has slapped Samsung, LG and the country’s... Read Post
In an attempt to further remove an operator monopoly on sales of mobile phones in the country, South Korean regulators will implement a new ‘blacklist’ policy on May 1 that... Read Post