South Korea to issue IPTV licenses in August

The Korea Communications Commission will start issuing IPTV licenses in August. Live TV over broadband internet has been given a green signal. Hanaro Telecom and Korea Telecom have been offering an over the top, VOD type IPTV service so far. The two collectively have signed up over 1.5 million IPTV subscribers so far. These two – and LG Dacom – have expressed intentions to invest over $350 million in IPTV services.