6. Government regulations

Description:

By the 2010, Mobile Internet Service in Korea will be most popular service and voice market will be smaller. Most revenues of Telecom Company will be created from mobile data services. However, at the moment, MIC (Ministry of Information & Communication) wants to lead telecommunication market with 3 operators, SK Telecom, KTF and LGT. But to activate the wireless internet business, there should be several players like wired internet companies, content providers, entertainment companies etc. This is because content is also important as well as wireless network infrastructure. In order to activate mobile internet market, MIC should concern about how to participate and develop the content providers.

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Inhibitors:

-Passive attitude of internet portals on the wired internet business

-Government’s wrong decision

-Economical efficiency

Paradigms:

As network technologies developed fast and operates consistently invest a lot for the next generation wireless network, voice will be free and only data will be main source of company’s profits. Services and business based on data will be much more important than the others.

Experts:

N/A

Web Resources:

http://joongangdaily.joins.com/ Ministry to strip LG Telecom of platform license