KT fined 500 million won for slow internet

South Korea's telecommunications regulator fined telecom giant KT Corp. 500 million won for making its internet service slower for 24 of its high-speed internet users.

The telecom operator also frequently failed to conduct speed tests when opening new internet services, and of operating at speeds that did not meet the minimum limit.

A South Korean YouTuber complained of KT's slow internet service speeds earlier this year, prompting the government investigation.

KT recorded 24,221 cases of such offenses, while LG Uplus Corp. had 1,401 and SK Telecom Co. and its subsidiary posted 155.

Local internet service providers are required to notify users of such matters before opening services.

The regulator ordered LG and SK to take corrective measures but did not fine them.