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mobile carrier

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A KT store is seen in Seoul on Jan. 1. [NEWS1]

Over 150,000 KT users switch mobile carriers in 9 days after penalty waiver

More than 150,000 customers of KT Corp., Korea's second-largest mobile carrier, have left the company for a different service provider after KT began waiving early termination fees following a major data breach, industry sources said Friday.

2026.1.9

Jung Jai-hun, the CEO of SK Telecom, speaks during his first town hall meeting with employees at the company’s Supax Hall headquarters in Euljiro, central Seoul, on Dec. 16. [SK TELECOM]

New SKT CEO says that he will prioritize rebuilding customers' trust, innovation and AI

SK Telecom’s new chief executive Jung Jai-hun said on Tuesday that he would define his tenure by encouraging change rather than maintaining the status quo. His remark comes as the company refocuses its AI strategy on data centers and in-house models.

2025.12.16

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Pedestrians walk past an SK Telecom store in Seoul on Aug. 28. [NEWS1]

SKT rejects recommendation to extend penalty waiver to end of year

SK Telecom has rejected the Korea Communications Commission's recommendation to extend a penalty fee waiver until the end of the year in response to dispute settlement applications filed over SKT's SIM card hacking incident in April.

2025.9.4

A notice regarding SK Telecom's waiver of cancellation fees is posted to a mobile carrier store in Seoul on July 7. [YONHAP]

Gov't orders SK Telecom to cut nonmobile cancellation fees after data breach

Korea's telecom watchdog on Thursday ordered SK Telecom to partially waive cancellation fees for nonmobile services following a major data breach that affected its 25 million mobile service users.

2025.8.21

KT Q2 profit beats expectations on robust core businesses

Korea's No. 2 mobile carrier KT on Monday reported better-than-expected earnings for the second quarter on the back of solid growth in its core businesses.

2025.8.11

A customer talks with an LG U+ salesperson for mobile plans. [LG U+]

LG U+ releases new plans with int'l calls, more roaming for foreign subscribers

LG U+ has introduced a new range of mobile subscription plans designed exclusively for foreigners living in Korea, offering benefits such as 90 minutes of international calls and enhanced roaming data.

2025.7.23

A mobile phone store at an electronics market in Seoul in January [YONHAP]

Stage X will become Korea's fourth major mobile carrier

Stage X, backed by Kakao affiliate Stage Five, will become Korea's fourth major mobile carrier.

2024.2.1

Closeup of a wifi router, smartphone and laptop [SHUTTERSTOCK]

Korea opens bidding for 28 GHz band after SKT, KT, LG U+ fail to invest

Three companies — Sejong Telecom, Stage X and My Mobile Consortium — will participate in the auction for the frequency band, which will last up to 50 rounds, according to Korea's Science and ICT Ministry.

2024.1.25

A pedestrian walks past a telecom retail branch in Seoul, Monday. The government announced Monday that it will encourage mobile carriers to offer mid-range 5G subscription plans starting from the third quarter of this year, in order to ensure broader consumer choices for those who prefer monthly data usage plans varying from 20 to 100 gigabytes. Currently available options offer either 10 to 12 gigabytes of data a month, or 110 to 150 gigabytes. SK Telecom said that it is currently considering diversifying subscription options during a conference call on May 10. [YONHAP]

Offering more options

The government announced Monday that it will encourage mobile carriers to offer mid-range 5G subscription plans starting from the third quarter of this year, in order to ensure broader consumer choices.

2022.5.30

KT's net profit up 5.6 percent in 2020

KT's consolidated 2020 net profit climbed 5.6 percent on year to 703.4 billion won ($623.1 million). Annual revenue was down 1.7 percent to 23.9 trillion won, while operating profit was up 2.1 percent to 1.2 trillion won.

2021.2.9