South Korea mobile carriers imposed record fine for illegal 5G subsidies
South Korea‘s telecommunications regulator said Wednesday it imposed a record fine of 51.2 billion won (US$46.7 million) on the country’s three major carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — for providing illegal subsidies to subscribers to their 5G network services. south korea 5g
SK Telecom will face the heaviest fine of 22.3 billion won, followed by KT with 15.4 billion won and LG Uplus at 13.5 billion won, respectively, according to the Korea Communications Commission (KCC).
The regulator found that the three carriers had provided massive amounts of subsidies to attract customers to their 5G services, launched locally in April last year.
The record penalty was higher than the previous one of 50.6 billion won imposed on the three carriers in 2018 for similar violations.
The KCC determined the penalty based on its probe into the illicit subsidies that were distributed between April and August last year.
As of the end of May, there were 6.9 million 5G users, accounting for 10 percent of the total 69 million mobile service accounts in the country. south korea’s 5g
South Korea has been a global leader in the deployment and adoption of 5G technology
Here are some key points about 5G in South Korea:
- Mobile network operators: South Korea’s three major mobile network operators – SK Telecom, KT, and LG Uplus – all offer 5G services to customers.
- Speeds: The 5G networks in South Korea are among the fastest in the world, with average download speeds of around 430 Mbps and peak speeds of up to 5 Gbps.
- Prices: The cost of 5G plans in South Korea varies depending on the mobile network operator and the plan that you choose. On average, 5G plans in South Korea are more expensive than 4G plans, but they typically come with larger data allowances and faster speeds.
- Coverage: 5G coverage in South Korea is extensive, with the networks covering most major cities and towns. However, coverage can vary depending on the location and the mobile network operator.
Overall, 5G in South Korea is widely available, fast, and reliable. The cost of 5G plans may be higher than 4G plans, but the benefits of faster speeds and larger data allowances make it an attractive option for many customers.
