c/world · by alphacyberranger@lemmy.world · 3y

South Korea fines mobile carriers US$25 million for exaggerating 5G network speed

https://www.channelnewsasia.com/business/south-korea-fines-mobile-carriers-25-million-exaggerating-5g-network-speed-3705181

193 points · 4 comments · view on lemmy.world

4 Comments

MrZee@lemm.ee · 15 pts · 3y (1 reply)

A total fine of $25m USD spread across three carriers. I have no idea what the scale is of the mobile providers are in SK. Is $25m much money or is this a US-style slap on the wrist fine (aka “the cost of doing business”)?

Hazdaz@lemmy.world · 4 pts · 3y

Looks like there are about 70M mobile phones in SK. So roughly 33 cents from every phone bill would pay this fine.

So yeah, this is a damn joke.

This only encourages these companies to try this again in the future.

unreachable@lemmy.my.id · 8 pts · 3y

hyped marketing buzz words so the product sells since the dawn of times

surprised nobody

kametrixom@yiffit.net · 3 pts · 3y

Would've appreciated actually knowing what they advertised and what it turned out to be in the end!