Ministry of Science and ICT Grants Reauthorization to 23 LG HelloVision-affiliated SOs

[Asia Economy Reporter Hyungsoo Park] The Ministry of Science and ICT announced on the 25th that it has decided to renew the licenses of 23 comprehensive cable TV operators (SOs) affiliated with LG HelloVision, as well as Broadband Nowon Broadcasting, Korea Cable TV Pureun Broadcasting, and Geumgang Broadcasting.

The license renewal period is five years. According to the evaluation results, the operators who received license renewal scored 650 points or higher out of a total of 1000 points, meeting the renewal criteria (650 points). The evaluation committee presented common conditions for the renewed SOs, identical to those for other SOs, including ▲strengthening regional characteristics ▲ensuring fair competition ▲operating viewer committees ▲and measures for win-win cooperation with partner companies.

In addition to the common conditions, the evaluation committee suggested imposing renewal conditions to allow each operator to supplement matters that must be complied with or where the business plan was deemed insufficient.

The Ministry of Science and ICT requested prior consent from the Korea Communications Commission regarding the evaluation committee’s license renewal results. The Korea Communications Commission granted prior consent after establishing and revising some renewal conditions for each operator and adding recommendations.

The Ministry of Science and ICT finalized the license renewal for the target operators by reflecting the conditions and recommendations presented by the Korea Communications Commission and imposed renewal conditions. Going forward, it will regularly check the performance of compliance with the renewal conditions.

This content was produced with the assistance of AI translation services.