Mobile carriers slapped with 58.4bn won in fines for illegal subsidies
Smartphones
Seoul - Yonhap
South Korea's top mobile carriers were fined 58.41 billion won (US$57.15 million) by the telecom authority on Thursday for continuing to pay illegal subsidies to win new clients.
The Korea Communications Commission (KCC) said two of the three carriers being punished -- SK Telecom Co. and LG Uplus Corp. -- will also be banned from signing on new customers for one week starting at the end of this month. KT Corp. was excluded from the suspension.
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