Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

The Rise of the Fourth Telco in Korea - Breaking the Oligopoly

SK Telecom - Major Share Buyback & Cancellation

A Long Short Arb Event on SKT & LG U+ Targeting SKT's Index Inclusion in November with Buyback

Korean Government Reviews Rules to Ease Foreign Ownership Limits

President Yoon Calls for Greater Competition and Social Contribution by the Korean Banks

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Thematic (Sector/Industry)

South korea Telecom services / Thematic (Sector/Industry)

<ul>
<li>In our view, the Korean government could allow a fourth major telco in Korea in the next 1-2 years. </li>
<li>The launch of the fourth major telco in Korea would have a significant negative impact on the three existing Korean telcos. </li>
<li>In the local media, the following companies have been mentioned as potential candidates to inject capital into the 4th telecom operator in Korea: Coupang, Naver, Kakao, Viva Republica, and Shinsegae.</li>
</ul>


In our view, the Korean government could allow a fourth major telco in Korea in the next 1-2 years. 
The launch of the fourth major telco in Korea would have a significant negative impact on the three existing Korean telcos. 
In the local media, the following companies have been mentioned as potential candidates to inject capital into the 4th telecom operator in Korea: Coupang, Naver, Kakao, Viva Republica, and Shinsegae.


When Will the Korean Government Allow the Fourth Telco in Korea?