Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (13402)	6/28/2000 11:43:00 PM
From: Ruffian	Respond to of 13582

SK Telecom, Shinsegi to Lower Mobile Call Rates, Paper Says Seoul Economic Daily www.sed.co.kr Jun/28/2000 6:56 ET Seoul, June 28 (Bloomberg) -- SK Telecom Co., which since its acquisition of Shinsegi Telecom Co. has more that half of Korea's cellular phone users, said it will lower its call rates, the Seoul Economic Daily reported on its Web site, citing an unidentified person at the company. The report quoted the person as saying the company has requested permission from the Ministry of Information and Communication to lower its rates from next month. The report said SK's mobile-phone service rivals -- Korea Telecom Freetel Corp, Hansol M.com Co. and LG Telecom Co. -- will find it difficult to lower their rates, though they are planning other incentives, such as lowering initial connection charges. From June 1, Korea banned mobile phone service providers from offering handset subsidies to attract new subscribers.