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South Korean telcos accused of collusion, may face fines of $4bn

Total Telecom

News SK Telecom (SKT), KT, and LG Uplus allegedly coordinated to keep their sales incentives at the same level This week, South Korea’s Fair Trade Commission (FTC) has announced a preliminary decision to impose fines of up to $4.1 billion on the nation’s three telco giants. billion and $1.63 billion, KT between $750.7 million and $1.3

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Korean Telecom Giants Face $4.1B Fine Over Alleged Collusion

VoIP Review

South Korea’s Fair Trade Commission (FTC) announced a crucial development in its investigation of the country’s top telecommunication operators, SK Telecom (SKT), KT , and LG Uplus. The allegations suggest these telecom giants might have colluded to maintain consistent sales incentives for mobile phone retailers from 2015 to 2022.

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Vocus to acquire TPG’s fibre and fixed network assets for $3.35bn 

Total Telecom

This arrangement secures long-term network planning and operational stability for both companies. “TPG will retain its mobile radio network infrastructure, Consumer and EGW mobile business and its Consumer and small office/home office fixed retail business, including fixed wireless,” according to a TPG statemen t published today.

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UScellular sells spectrum to Verizon in $1 billion deal 

Total Telecom

News The transaction is part of UScellular’s ongoing efforts to monetise its remaining spectrum assets, having sold the majority of its wireless operations to T-Mobile earlier this year UScellular has reached a $1 billion agreement with Verizon to sell part of its spectrum holdings, the company has announced. said said LeRoy T. “In

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Vodafone and Three defend merger amid CMA warnings 

Total Telecom

Following a second probe earlier this month, the CMA once again raised concerns that the deal could lead to higher prices and reduced service quality for millions of UK mobile customers. On the wholesale front, they will offer more access to their network for mobile virtual network operators (MVNOs) to ensure better deals for customers.

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CMA questions Vodafone–Three merger after second probe

Total Telecom

Specifically, the investigation has raised three key issues: Potential price increases: The CMA suggests that tens of millions of mobile users could face higher bills or receive reduced services, such as smaller data allowances, as a result of the merger. Those most affected are likely to be customers already struggling with affordability.

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DoCoMo and D-Wave Elevate Telecom with Quantum Optimization

VoIP Review

NTT DoCoMo , a leading Japanese mobile network operator, has successfully tested a hybrid quantum-computing-based network optimization solution from D-Wave Quantum. Potential areas include finance, retail, traffic, and logistics. The post DoCoMo and D-Wave Elevate Telecom with Quantum Optimization appeared first on VoIP Review.

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