Mobile News Roundup
2009/08/14 11:26SK Telecom is bringing credit card functionality to their mobile phones in partnership with Hana Bank:
SK Telecom has moved closer to making the "mobile wallet" a reality, enabling users to pay for public transportation fees and wire money to bank accounts using microchip-inserted mobile phones.
It will team up with the Hana credit card company to add card functions to the phones in October.
SK Telecom also recently ended their foray into the United States mobile market by selling their remaining stake in Virgin Mobile.
Korea’s smallest mobile phone operator is teaming up with Korea’s largest music portal on a new music service:
Currently, LGT’s MusicOn is the weakest of the three, both in content volume and in subscriber numbers.
LGT, however, said the deal will give it the advantage in music content. That could bear fruit in the long run, as MP3 downloads are big business here, ranking as the most popular service among mobile phone users.
The JoongAng Daily has a confusing look at reports on how much Koreans spend on their monthly mobile phone plans:
Consumer groups are leading a rise in complaints that Korea’s cell phone rates are too high compared to those in other nations. Yet industry sources are firing back, saying local rates are below the Organization for Economic Cooperation and Development’s average.
