South Korean Telcos MSIT may revoke fourth operator's 28 GHz licence
South Korea's Ministry of Science and ICT ("MSIT") is said to be revoking Stage X's 28 GHz spectrum, citing its inability to pay the KRW 205bn (US$ 150m) paid-in capital last month and discrepancies around its shareholders' ownership ratio. Our thoughts below.
SK Telecom is a wireless telecommunications services provider in the Republic of Korea (South Korea). Co. provides the following services: wireless Internet services, which include music portal services, game portal services, multimedia services, and wired and wireless integrated multimedia services; ubiquitous and convergence services, which include telematics, digital home, commerce, mobile radio frequency identification and mobile community; international roaming services, which include global system for mobile communication; video telephony services, which enable subscribers incorporating video conferences, as well as B2B services.
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