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South Korea opens up cellphone sales, networks wary of the 'free market'

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Old 01-05-2012, 06:40 PM
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Default South Korea opens up cellphone sales, networks wary of the 'free market'

South Korea's Communications Commission is wresting control of the domestic cellphone market away from operators. From May 1st, it is opening the handset business open to any vendor, who will sell phones unlocked so consumers can decide their choice of network. The plan is aimed at lowering prices by introducing competition between the retailers -- although some voices in the industry have expressed concerns that the operators will withdraw discounted offers in retaliation. Naturally, the KCC is determined to ensure a better deal for consumers, and is already strong-arming wayward networks into ensuring that doesn't happen.
South Korea opens up cellphone sales, networks wary of the 'free market' originally appeared on Engadget on Mon, 30 Apr 2012 19:28:00 EDT. Please see our terms for use of feeds.

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