Shulou(Shulou.com)11/24 Report--

CTOnews.com, February 20, South Korea seems to be preparing to force operators to cut prices to lighten the burden on its citizens due to repeated disruptions in communications in some areas and the high fees of the three major operators.

Park Yunkyu, vice minister of the Ministry of Science and Technology Information and Communications of South Korea, chaired the first meeting of the telecom market competition policy task force today, asking South Korea's three major telecom operators to reflect on whether they colluded in pricing in order to maximize profits.

He pointed out that "the losses caused by the three major mobile communications companies that have monopolized the market for a long time for more than 20 years (history) have all been transferred to the people." South Korean media believe that he is hinting that strong policies such as "fee reduction and acceleration" will be promoted in the first half of this year.

"if you look at the rate structure or type, the company's profit results, even if it is not a practical answer."they need to reflect, and we will have to see whether it is a collusion to maximize profits." in terms of reducing fees and profits, it cannot be said that operators do not have subjective efforts, but compared with public expectations and overseas counterparts, the objective results are far from enough.

Park Yungui said that recently, the service stability of operators has been repeatedly criticized, whether they are content with the current situation of oligopoly and the consequences of lax competition need to be understood in depth.

In fact, because some South Koreans cannot bear this economic burden, some claim that the Ministry of Science and Technology Information and Communications is not on the side of consumers, but on the side of the three major mobile communications companies. In other words, the Ministry of Science and Technology Information and Communications now seems to be aware of this, so it has taken a tough stand today.

▲ Tu Yuan: on the same day, Vice Minister Park of South Korea's Ministry of Science and Information and Communication Technology also issued a specific plan to reduce the cost of home communications put forward by President Yoon Sik-lie at the 13th emergency economic and livelihood meeting on the 15th.

It is said that "LG U+ plans to announce plans to activate the online rate system in February, and we will discuss improvements with KT in March."

In addition, he also said that after LG U +, SK Telecom and KT will also launch advanced tariff schemes in March and offer more discounts based on their age groups.

"in the first half of this year, we will guide the three major telecom companies to launch a package of 5G intermediate rates in the 40-100GB segment, and negotiate to introduce an optional rate system of quarterly, half-yearly or annual payment, which was previously taken for granted."

CTOnews.com here to give you a brief introduction, South Korea's three major mobile operators will provide free data traffic to all citizens of the country in March, thereby reducing the burden on users to use the wireless network. Before that, the packages used by the three major operators to fight a price war cost 30,000 won a month (currently about 159 yuan).

In addition, 16 South Korean experts attended the TF meeting to discuss how to establish the fourth mobile carrier based on 28/3.7GHz, which is scheduled to be selected in the second half of this year, and introduced a new rate system that requires users to pay according to the percentage of data used instead of the standard of the three mobile operators, details to be announced later.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.