South Korea's ICT ministry soon will determine whether to license the country's fourth mobile carrier, from among three firms: Sejong Telecom Co., K Mobile and Quantum Mobile, Yonap News Agency reports.
The Ministry of Science, ICT and Future Planning, which oversees the country's communications policy, wants to encourage more competition, especially on the budget end of the market.
Sejong Telecom Co. is currently a mobile virtual network operator.
The ministry says it is possible none of the contestants will get an operating license, if their business plans and financing are deemed inadequate.
If approved, the fourth mobile carrier could begin service in 2017.
SK Telecom currently has 50 percent market share, KT has 30 percent and LG Uplus has 20 percent.
Market structure in Japan is roughly similar as well. While there are four leading operators, there are only three owners: NTT, KDDI and SoftBank.
Rank
|
Operator
|
Subscribers
(in millions)
|
Ownership
|
Market Share
|
1
|
61.623 (June 2013)
|
NTT (67%)
State-owned (33%)
|
43%
| |
2
|
38.378 (June 2013)
|
KDDI (100%)
|
27%
| |
3
|
33.290 (June 2013)
|
SoftBank (100%)
|
23%
| |
4
|
SoftBank (99.68%)
|
7%
|
Rank
|
Operator
|
Market Share
|
1
|
SK Telecom
|
50%
|
2
|
KT
|
30%
|
3
|
LG Uplus
|
20
|
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