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South Korea Telecom Investment Environment Report, 2008-2009
Research In China, Jan 2010, Pages: 74
In virtue of communications infrastructure construction and improvement, the number of subscribers for broadband and mobile services surged. South Korea’s telecom market has boosted up since the beginning of the 21st century. Yet, the market is almost saturated when communication business has been popularized to a certain degree, and market growth stems primarily from business innovation. As of the end of 2008, the number of broadband subscribers in South Korea reached 15.48 million, that of fixed-phone subscribers 22.13 million and that of mobile phone users 45.63 million.
Although the traditional telecommunications services market is now close to saturation, plus the higher entry barrier, there is still insufficiency of telecom-related content supply and differentiated service, and no restriction is exerted on the access of foreign capital in this regard in South Korea telecom market. In addition, South Korean telecom market is faced with relatively loose supervision, but the market will employ new technologies and standards rapidly due to technological advancement. The new entrants should trail and research South Korea’s industry policies and monitoring systems, and actively establish and maintain a close relationship with governmental departments and major telecom operators in order to avoid regulatory and policy risks.
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