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South Korea (country telecoms regulation overview) Market Research Report

The Korean telecoms market landscape has been widely reshaped by digital convergence in recent years, blurring boundaries between broadcasting, telecoms, and even mass media. In line with the rapid evolution towards digital convergence, new players and newly merged players have changed the entire competitive climate.

The Korea Communications Commission (KCC), re-formed from the Ministry of Information and Communications, has concentrated its efforts on regulatory convergence and deregulation to promote competition. In particular, the KCC has completed its regulatory framework for the IPTV market, which showed rapid growth in 2009 with a subscriber base of 2.3 million as of December 2009. In terms of converged services, large players such as SK, KT, and LG have merged their subsidiaries and a variety of regulatory measures have been implemented for fair competition, pricing, interconnection, and portability.

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Table Of Contents :

Overview
Ovum view
Fixed market overview
Broadband
Mobile market overview
Recent trends in the telecoms market
KT–KTF merger
LGT–LG Dacom-LG Powercom merger
IPTV: commercializing and linear retransmission
Players and prospects
National regulatory authority
KCC: integrated NRA
Key legislation and regulation
Mobile licensing
3G services
WiBro
KCC's spectrum allocation plan
Retail regulation
SMP operators in the retail market
Recent trends in retail regulation
Retail price control
Bundling regulation
Wholesale fixed regulation
Narrowband voice interconnection
Services subject to regulation
Number portability between fixed operators
Basis for fixed termination rates (FTRs)
VoIP regulation
Narrowband flat-rate interconnection
Flat-rate Internet access call origination (FRIACO)
Wholesale access
Wholesale line rental (WLR)
Local loop unbundling (LLU)
Wholesale broadband services
Fiber regulation
Wholesale mobile regulation
Regulation
Services subject to regulation
Number portability
Mobile number portability
VoIP number portability
Mobile termination charges
MVNO regulation
Universal service
Universal service obligation

List of Tables
Table 1: Fixed competition in South Korea
Table 2: Market share in Korean broadband services
Table 3: Broadband technology distribution
Table 4: Korean mobile subscriber base and market share (as of year-end 2009)
Table 5: Mobile operator licensing in Korea
Table 6: SMP operators in retail market (2008)
Table 7: Simplification of tariff plan
Table 8: Subscription fee cut (KRW), December 2009
Table 9: Rate reduction of prepaid (KRW per ten seconds)
Table 10: Fixed sector: services subject to regulation
Table 11: Subscribers ported to other fixed operators (accumulated, 2009)
Table 12: KT's FTRs, KRW (€ cents) per minute
Table 13: VoIP interconnection charge (KRW)
Table 14: Broadband Internet in South Korea (year-end 2009)
Table 15: Mobile sector: services subject to regulation
Table 16: Subscribers ported to other mobile operators
Table 17: MTRs in Korea (Won per minute)
Table 18: USF in South Korea

List of Figures
Figure 1: Number of IPTV subscribers in Korea

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