Skip to main content

Launch IPTV First, then Regulate Later

South Korea should launch IP television services despite lagging on regulatory structure, according to Information and Communication Minister Chin Dae-je. "In other countries, IPTV operators can start business by simply reporting to authorities, but in South Korea it is quite difficult. We need to let IPTV start first and then consider how to regulate the new convergence service," he told reporters, worried that the ministry's latest pet project might face further delays.

Initial launch plans were stymied earlier this year amid strong opposition by cable operators, which face the prospect of telecom carriers taking them on in the video stakes.

"Unlike in other countries, IPTV in South Korea is subject to broadcasting law. Each stakeholder has to try to find common ground and get the new service off the ground," Chin said, suggesting that regulatory issues might be resolved by calling IP television "Internet media," brushing aside questions of it being a broadcasting or communications service. More than a quarter of the South Korean population has broadband Internet access.

Popular posts from this blog

Think Global, Pay Local: The eCommerce Paradox

The world of eCommerce payments has evolved. As we look toward the latter half of this decade, we're witnessing a transformation in how digital commerce operates, with a clear shift toward localized payment solutions within a global marketplace. The numbers tell a compelling story. According to Juniper Research's latest analysis, global eCommerce transactions are set to reach $11.4 trillion by 2029, marking a 63 percent increase from $7 trillion in 2024. This growth isn't just about volume – it's about fundamental changes in how people pay for goods and services online. Perhaps most striking is the projected dominance of Alternative Payment Methods (APMs), which are expected to account for 69 percent of global transactions by 2029, with 360 billion transactions processed through these channels. eCommerce Payments Market Development What makes this shift particularly interesting is how it reflects the democratization of digital commerce. Traditional card-based systems ar...