Fierce competition in one of the most technologically advanced market with the highest smartphone penetration, is forcing telecom operators to resort to “smarter options” to sell. For telecom operators this is a matter of survival in a highly competitive market. But, these “options” may not always be within the legal framework of the Government, and result in undesirable consequences. This is exactly what happened in Korea, where telecom operators are fighting to…

LG U+, Korea’s third-largest mobile carrier, will release the nation’s first unlimited-data plans for customers using LTE networks. From Jan. 31 to April 30, customers who switch from another provider will be eligible for the free plan, fueling the intensifying battle for new LTE customers.

beSUCCESS covers weekly news in Korea, 9 Jan.

As mobile phone fraud cases are increasing, SK Telecom, KT, LG U+ and organisations such as Korea Internet and Security Agency (KISA) and Korea Association of ICT Promotion have meeting discussing prevention measures for mobile loan fraud schemes.