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S Korean Ministry to Allow Handset Subsidies Beginning with Launch of 3G
Posted: 16-Dec-2003 [Source: Dow Jones via Yahoo]

[S Korea to allow handset subsidies with launch of WCDMA services by SK Telecom ahd KTF later this month in efforts to promote the new technology.]

B y Yun-Hee Kim, Seoul -- "South Korea's Minister of Information and Communication said Tuesday the government would allow limited handset subsidies once wireless operators SK Telecom Co. (NYSE:SKM - News) and KTF Co. launch 3G wireless services based on WCDMA technology later this month.

WCDMA, or wide band code division multiple access, promises faster data downloads on handsets compared with other CDMA technology."


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