Market Chatter: SK Telecom Rejects KCC Body's Waiver Extension Call on Cancellation Fees After April Data Breach

MT Newswires Live

Sep 04

SK Telecom (KRX:017670) rejected the recommendation of a dispute mediation committee under the Korea Communications Commission (KCC) to extend its waiver of subscription cancellation fees through end-2025 in the wake of April's cyberattack.

The telecommunications firm had earlier pledged a fee waiver for cancellations made by July 14, and replaced USIM chips for all 25 million subscribers, Yonhap News reported Thursday.

The company said that further extension of fee waiver will impact the firm and related legal issues, the report cited a company official.

Shares of SK Telecom rose nearly 1% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. 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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2564423613","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2564423613","pubTimestamp":1756956764,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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