16. as a third player, LG Telecom's future will be?
MIC(Ministry of Information & Communication) still wants to keep three players in mobile communication market. However LG Telecom has just managing their business with 6 million subscribers. Because of the fast growth of mobile market, customers want new technologies like wireless internet, high speed network etc. But they haven’t got enough capital to invest on the new business. This is a problem for the LGT and MIC as well. Recently LGT announced ‘Not Doing WCDMA Business’ which they got a license from government few years ago. That means the company’s strategy is only focusing on the voice market. Many analysts say that limitation will be existed for their future. So if two players are proper for domestic market, LGT may have to make a decision as soon as possible.