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Korean govt to increase mobile subsidies for low-income consumers

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12-06-2008 9:54am

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bealtine

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Korean govt to increase mobile subsidies for low-income consumers
Wednesday 11 June 2008 | 05:27 PM CET

Mobile & Wireless | Korea, Republic of
The South Korean government plans to increase subsidies of mobile phone fees for people in the low income bracket to help them cope with mounting inflation, reports Yonhap News. The government will pay up to 50 percent of all mobile calls for them, up from the current 35 percent, the Korea Communications Commission said. The government will also pay for all minimum monthly fees for the underprivileged, and simplify the paperwork for applying for the subsidy. South Korea's consumer inflation hit a seven-year high of 4.9 percent in May.

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