South Korean telcos accused of collusion, may face fines of $4bn
Total Telecom
OCTOBER 11, 2024
SK Telecom, KT, and LG Uplus are accused of sharing internal information with each other between 2015 and 2022, allegedly to align their sales incentives paid to mobile phone retailers. billion on the nation’s three telco giants. billion and $1.63 billion, KT between $750.7 million and $1.3 billion, and LG Uplus between $732.2
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