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iPhone to hit S. Korean market next week
SEOUL, Nov. 17 (Yonhap) -- Apple Inc.'s popular iPhone will hit the South Korean market next week, industry sources said Tuesday.
KT Corp., South Korea's second-largest mobile carrier, will release four service plans for the phone on Nov. 28, after Apple receives on Wednesday final approval from the Korea Communications Commission, according to sources close to the matter.
KT has been in talks with Apple aiming to win exclusive rights to sell the phone to local consumers.
The company in September submitted its expected iPhone rate plans to the commission. Monthly fees will range from 35,000 won (US$29.4) to 95,000 won, according to the sources.
All four plans include data transfer, text messaging, video and mobile-to-mobile calling. Users can choose an appropriate plan based on the amount of data they plan to send and receive each month. The most expensive package allows for data transfers via wireless Internet of up to 3,000 MB.
The iPhone's arrival in South Korea is expected to spark fierce competition between mobile carriers.
As KT is expected to soon conclude the deal with Apple, market leader SK Telecom Co. fears that KT's exclusive sale of the iPhone, popular among younger tech-savvy customers, may erode its market share.
SK Telecom has made no decision about selling iPhones, the sources said.
ygkim@yna.co.kr (END)
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