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Korea moving to revise telecom subsidy law Posted : 2021-05-26 16:42 A person walks by a mobile phone dealership in this file photo. Yonhap Moves to hike subsidies for mobile phone purchases are generating a buzz among dealerships and telecom operators. The Korea Communications Commission (KCC), the country s top telecom regulator, on Wednesday revised the so-called Telecom Subsidy Law to double the cap on subsidies that dealerships are able to provide for mobile phone purchases, from 15 percent to 30 percent. The hike is mostly aimed at rooting out illegal subsidies some dealerships have continued to offer, though chances are slim for telecom carriers to end their cash-burning marketing campaigns just because of the law being revised. The dealerships are backed by telecom firms, and some mobile carriers have continued offering large discounts through illegal subsidies in a bid to increase their subscribers in the saturated market here. ....