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South Korean telecom giants fined for colluding to control customer migration

By Jenny Lee ( March 12, 2025, 05:38 GMT | Insight) -- South Korea's major mobile carriers SK Telecom, KT and LG Uplus have been hit with a combined fine of 114 billion won (about $78.4 million) by the country's antitrust watchdog for colluding to manipulate the number of customers switching between carriers over a seven-year period. South Korea's major mobile carriers SK Telecom, KT and LG Uplus have been hit with a combined fine of 114 billion won (about $78.4 million) by the country's antitrust watchdog for colluding to manipulate the number of customers switching between carriers over a seven-year period....

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