Are retail price controls imposed on any operator in relation to fixed, mobile, or other services?
Yes. FSP’s must set forth the “terms and conditions,” including service rate (i.e., price) by service type, with respect to the telecommunications service which the carrier intends to provide, and notify the same to the KCC; provided, however, that FSP’s whose size and market share satisfy the criteria prescribed by the Enforcement Decree of the Telecommunications Business Act, namely KT for local telephone service and internet access service, and SKT for cellular and PCS service, must obtain authorisation from the KCC prior to implementing their terms and conditions.