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Broadcast Media Telecommunications Commission orders D\'Live to draw up debt ratio reduction plan within 3 months

South Korea\'s Broadcast Media Telecommunications Commission ordered cable operator D\'Live to prepare a plan within three months to cut its debt ratio, including a capital increase, after it breached a re-licensing condition. The regulator rejected D\'Live\'s request to extend the compliance period to six months. D\'Live must submit the plan and obtain approval. The commission warned of follow-up measures under the Broadcasting Act if the order is not implemented.