South Korea's broadcasting and telecom regulator Korea Communications Commission (KCC), implied willingness to work with its overseas counterparts in getting content providers such as Netflix to pay network fees.
Netflix does not pay telecom companies for network use, which has become an issue for the network operators as the traffic surge required network upgrades that incurred costs.
Netflix Vice President of Public Policy Dean Garfield reiterated its stance to government officials and lawmakers: that it would not pay network fees during his visit to Seoul in early November.
KCC Vice Chairwoman Kim Hyun had asked Netflix through Garfield to take responsibility.
Thirteen European telecom companies issued a joint statement urging content providers to pay for network use on Monday.
While the joint statement did not refer to specific content providers, there is a presumption that it relates to Netflix and Google, which operates YouTube and Facebook.
The list of European telecom companies include Deutsche Telekom, VodaFone, Telefonica, Orange, KPN, BT Group, Telekom Austria, Vivacom, Proximus, Telenor, Altice Portugal, Telia Company and Swisscom.
In South Korea, network operator SK Broadband has sued Netflix over network usage fees, but other telecom companies have not made explicit demands.
Korea's association of telecom operators is not currently considering collective action, an industry official said.


Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook
Bernstein Picks BYD and Xiaomi as Top China EV Stocks Despite Weaker Demand
Japan Economy Grows 1.1% in Q2 as Consumer Spending Stalls
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme
Dollar Slides as Soft U.S. Data Cuts Fed Rate Hike Bets
Morgan Stanley Sees Fed Holding Rates as U.S. Inflation Cools
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback
DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote
Shein Targets $26B-$27B Valuation for Hong Kong IPO
Gold Prices Rise as Weak US Data and Hormuz Risks Boost Safe-Haven Demand
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open
Wall Street Slides as Treasury Yields Surge to 19-Year High
Citadel Warns High Treasury Yields Pose Broader Market Risks
Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 



