As iPhone 5 availability continues to improve, Apple today confirmed plans to launch the handset in South Korea this coming Friday, followed by the global expansion into an additional fifty markets throughout the month of December. However, the company could face an unexpected roadblock as The Korea Communications Commission (KCC), the country’s telecom regulator, has threatened to punish carriers SK Telecom and KT if they offer “illegal subsidies to attract more iPhone 5 customers”.
Apparently, luring would-be buyers with aggressively subsidized hardware is against the law in the fifty million people country. It is no secret that carriers elsewhere are whining about high iPhone subsidy, with some even mulling dropping subsidies altogether amid tanking margins, like China Unicom. Others, like T-Mobile, complain that carrying the iPhone bears short-term risks due to huge upfront payments to Apple… Read More