KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home SK

Pay network fee to SK Broadband. Google is done with free rides.

 599 total views,  1 views today

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: January 28, 2019 UPDATED: March 5, 2020
in SK
0

Facebook has decided to pay network fees to SK Broadband for the first time.

If a deal with KT and LG U+, which are currently negotiating for renewal of a contract, is concluded, Facebook will pay a reasonable price to a South Korean telecommunication company for the first time among global content providers (CPs) that have entered South Korea. Accordingly, attention is focusing on how Facebook’s decision will affect South Korean businesses such as Naver and Kakao and global content providers that are in dispute over equity as they use facilities of South Korean telecommunication businesses such as Google and Netflix but are not paying due.

 

According to IT industry and authorities on the 27th, Facebook and SK Broadband agreed to negotiate about two years of network fees on the 24th. During the negotiations, Facebook will pay a significant amount of network fees to SK Broadband over the next two years, and it will automatically extend the contract for two years if there is no specific request until the contract expires a month ago. This is the first time that Facebook has paid network fees to SK Broadband in nine years since it entered South Korea in 2010. Although Facebook and SK Broadband did not disclose specific network fees, it is heard that they are significantly more expensive than the amount that Facebook proposed last year and SK Broadband’s spending on Facebook-related services.

“Although there was a big difference in price with SK Broadband in 2016 when there was a problem regarding settlement of telecommunication businesses due to changes in notice of mutual connection, we have made some concessions to each other.”

 

Representative for Facebook.

facebook에 대한 이미지 검색결과

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: FacebookKakaoNaverSKskbroadband

Related Posts

SK Group forms ‘SK ICT Alliance’ for AI chip development
5G

SK Group forms ‘SK ICT Alliance’ for AI chip development

January 11, 2022
SK Inc. invests in clean hydrogen production
Hydrogen

SK Inc. invests in clean hydrogen production

October 14, 2021
Hanwha Techwin, Azena and KT to come together for AI video solutions
AI

Hanwha Techwin, Azena and KT to come together for AI video solutions

October 7, 2021
SK Innovation to split off battery business as demand increases for Electric Vehicles
Consumers Electronics Show

SK Innovation to split off battery business as demand increases for Electric Vehicles

August 5, 2021
SK partners with various food technology innovators, spreading healthier and accessible food options and creating a more sustainable food chain.
Food

SK Enters Food Technology Innovation Scene To Advance Sustainability

August 1, 2021
SK Global Chemical, Dongmin Industry Cooperative and various local sustainability firms to upcycle bale silage plastic wastes into eco-friendly products. / photo courtesy of SK Global Chemical
SK

SK Global Chemical Upcycles Plastics Into Green Films and Fabrics

July 28, 2021
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • Top Eight Promising EdTech Startup Companies in South Korea

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Korean tech giants to focus on future innovations & sustainability actions at CES 2023 

    0 shares
    Share 0 Tweet 0
  • World’s First 5G Robot Café has a Seoul Opening

    0 shares
    Share 0 Tweet 0
  • Top 10 Must-Have Korean Apps You Need When Visiting in Korea

    0 shares
    Share 0 Tweet 0
  • South Korea Improves Digital New Deal with the Data Dam Project

    0 shares
    Share 0 Tweet 0
  • Nexon To Reorganize Amid Failing Profits

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |