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[Bills in Focus] TV license fee, 3rd party calculation of patent damages, more foreign investment benefits

Proposed bill: Partial Amendment to the Broadcasting Act Proposed by Rep. Park Sung-joong (People Power Party) ● Currently, all people who possess a television receiver must pay a TV license fee, which is used to fund the Korea Broadcasting System. However, this regulation has been criticized for being unfair to those who do not subscribe to KBS broadcasts. Accordingly, this amendment sets rational standards for det.

Digital transformation expert nominated as next KT CEO

KT s board of directors unanimously recommended Yun Kyung-lim, head of the group transformation division, as the final candidate to replace outgoing CEO Ku Hyeon-mo, the telecommunications firm said Tuesday. The decision was made after in-depth interviews of four shortlisted candidates, all of whom are former and incumbent KT executives.

Leadership vacuum looms large at KT

KT is rumored to have delayed its plan to appoint a new chief executive, due to the intensifying backlash from the presidential office and the ruling party against the telecommunication firm s recent shortlisting of candidates to replace outgoing CEO Ku Hyeon-mo, according to industry officials, Monday.

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