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South Korea's Telecom Giants Phase Out LTE Plans, Raising Consumer Concerns

Desk / Updated : 2024-12-28 12:22:38
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Seoul, South Korea – South Korea’s three largest telecommunications companies, SK Telecom, KT, and LG U+, are set to discontinue certain LTE plans starting next year, following government pressure to address concerns about higher costs compared to 5G plans. This move comes after a parliamentary investigation last year revealed that some LTE plans were priced as much as twice as high as their 5G counterparts.

In response, the telecom companies have announced plans to introduce integrated plans that combine both LTE and 5G services. However, consumer advocacy groups and experts have raised concerns that these new plans may not result in significant cost savings for consumers and could limit their choices.

“While the discontinuation of certain LTE plans may seem like a positive step, there are underlying issues that need to be addressed,” said [Name], a representative from the Consumer Sovereignty Citizens’ Council. “The introduction of integrated plans could lead to more complex pricing structures and hidden costs, making it difficult for consumers to compare and choose the best plan for their needs.”

One of the primary concerns is the quality of 5G services. Despite the higher costs associated with 5G plans, consumers have reported inconsistent speeds and coverage in many areas. Critics argue that the telecom companies are more focused on transitioning customers to 5G plans to increase their revenues rather than improving the quality of their networks.

“By pushing consumers towards 5G plans, the telecom companies are essentially creating a monopoly on 5G networks,” said [Name]. “This could lead to reduced investment in network infrastructure and a decline in service quality over time.”

The Consumer Sovereignty Citizens’ Council has called on the government to implement stricter regulations on the telecommunications industry and to ensure that consumers have access to transparent and affordable plans. The group has also urged the telecom companies to provide compensation to customers who have been overcharged for LTE plans.

As South Korea continues to transition towards a 5G-dominated mobile network, it remains to be seen whether the new integrated plans will benefit consumers or simply serve as a way for the telecom companies to increase their profits.

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