Mr. Ben Kwak

Chief Executive Officer, MobileSpace Consulting

GLG News by Mr. Ben Kwak, Chief Executive Officer

Analyses are solely the work of the authors and have not been edited or endorsed by GLG.

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SK Telecom is likely moving on with the sales of their Virgin Mobile shares.

August 5, 2009

Analysis of:Sprint Nextel-Virgin Mobile: What Does Sprint ‘Want to Be When It Grows Up?” | blogs.wsj.com

SK Telecom (SKT) is planning to sell all of its 15.3% shares of Virgin Mobiles USA for the pure investment purposes with Sprint acquiring Virgin Mobile USA. The 15.3% of shares are converted into a dismal 0.53% shares after Sprint's acquisition and this kills the South Korean global operator's strategic importance to Sprint. SK Telecom's future attempts to acquire any significant operator will definitely be on a hold for very long time with painful lessons learned from Helio MVNO.

New unlimited plans by Top 3 further increase pressure on MVNOs

February 25, 2008

Analysis of:Verizon Wireless Introduces New Unlimited Plans That Are as Worry Free as the Guarantee | biz.yahoo.com

Recent AT&T and T-Mobile moves to match Verizon's $99.99 all-you-can-eat wireless plan is just beginning of unlimited price plan war against MVNO and regional players like Metro PCS and Cricket by offering higher quality of service and network reliability that other players lack or cannot have.

Is SK Telecom ready to make additional commitment other than Helio?

August 13, 2007

Analysis of:Sprint Nextel bid talk 'groundless' says SK Telecom | www.networkworld.com

The take-over if happens, can make SK Telecom to become 3rd largest U.S. operator, serving 56 million subcribers in Korea and the U.S. From a strong foothold in Korea, SK Telecom can successfully advance into the U.S. market, building a solid foundation springing forward to be a major player in the global market. Furthermore, SKT's cutting-edge wireless Internet technologies, NATE and WIPI platforms and MMS content can be also exposed to a main stream, helping customers to increase their sophistication and intimacy in 3G wireless services.

MVNO war in L.A. market has just began...

June 5, 2007

Analysis of:MVNO struggles continue: Amp’d files for bankruptcy protection | www.rcrnews.com

Understanding MVNO is important as a new business and service model in wireless industry for specific segments of population who desire something savvy and different from typical carrier service bundling and companies with existing brand names have been tried and including T-Mobile has looked into it. But only Virgin Mobile has been successful in the U.S. to date. We all know what happened to ESPN Mobile.

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