www.WirelessFederation.com/news: Per-second billing will be introduced in South Korea by telecom operator KT Corp from December 2010. Earlier, similar service was announced by another telco SK Telecom. It has been claimed by KT Corp that change will enable savings for individuals of up to KRW8,000 (USD7.14) per year and expected the total annual savings to reach KRW128 billion.
The announcement for this kind of move was made by SKT in February 2010 and it was claimed at that time also that the move would save its subscribers up to KRW16.8 billion each month.
Till recently, the high cost of mobile services has been an area of concern for telecoms regulator the Korea Communications Commission (KCC) and its focus has been paid off the latest move by both KT and SKT to introduce the new strategy.
