Gov’t to pick 4th mobile carrier

Korea is expected to see its fourth mobile telecommunication services provider in March at the earliest, as the government plans to allow a variant of long-term evolution (LTE) technology to cut phone-bill costs and meet growing demand for LTE service. Government officials said the time is ripe for the nation to see its fourth mobile carrier considering the growing popularity of the LTE-enabled services, and Seoul’s recent decision to shift WiBro networks toward LTE-TDD (Time-Division Duplex) ones.

“We have no question the market should get a new telecom service provider for better consumer benefits amid the industry’s shift towards LTE devices,” said an official at the Ministry of Science, ICT and Future Planning (MSIP), Sunday. “The government plans to issue a license to the Korea Mobile Internet (KMI) Consortium to launch a new service with LTE-TDD by early 2014,” the official said.

For full article, see Korea Times.

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