Telecom companies’ Q4 performance low, but better than expected
Jan 11, 2018
South Korea’s three major telecom companies are expected to announce low fourth-quarter performances due to government-mandated reductions in plan rates but with less damage than initially feared, according to industry reports Thursday.According to tracking firm FnGuide, local analysts expected fourth-quarter revenues from the three major telecom companies to total nearly 13.5 trillion won ($12.6 billion), down approximately 0.1 percent from the fourth quarter of last year. (123rf)Starting in m