| Mobile Web

KT waives early termination fees for all customers, a wildcard for New Year number porting

KT has decided to waive early termination fees for all customers seeking to cancel mobile service contracts until Jan. 13, following an unauthorised small-payment hacking incident. The waiver will also apply retroactively to customers who already terminated contracts after Sept. 1. The move may spur number-porting competition as rivals weigh more aggressive subsidies, though industry watchers also point to a recent decline in porting volumes and limited customer churn after successive hacking disclosures.