Nine Million Mobile TV Subscribers In Korea
Korea had 9 million mobile TV subscribers across both its T-DMB and S-DMB networks at the end of October, reports Telecoms Korea behind a subscription wall. The last figures at the end of November had the free T-DMB service with 4 million registered users and the for-pay S-DMB service with about 2.4 million subscribers.
The for-pay S-DMB service TU Media has lost almost 220 million USD so far and laid off 30% of its staffs.
TU Media's business model is clearly not viable and the company will cease to exist when its parent SK Telecom pulls the plug.