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Mobile carriers suspended
The Korea Communications Commission (KCC), South Korea’s top telecom regulator and a branch of the Ministry of Information and Communication (MOIC), will suspend new business for the largest mobile carriers in the nation. SK Telecom, KTF, LG Telecom, and KT Corp. will maintain their carrier services yet be unable to accept new subscriptions during a suspension period. This unprecedented punitive action is due to unfair subsidies the mobile carriers paid for mobile subscriptions that jeopardize the telecom market, in addition to their lack of any corrective action for the subsidies. SK Telecom, the largest mobile carrier in a nation with 32 million mobile subscribers, holds 53 percent of the market share. It will be the suspended first in a staggered suspension for these 4 carriers, for 30 days from November 21 through December 20. KT and LG Telecom will be suspended for 20 days after SK Telecom, and KT Corp. for 10 days following that.