WiBro is dying

Korean ETNews reports Korean Government discontent with WiBro operators investments.

A senior official of the Presidential Office said, “The WiBRO business is a new business where the license holders make investment with the frequencies, asset belonging to the public. But, the failure of the investment is a big trouble. The President believes that this issue should not be disregarded any longer.”

The report goes on exploring different punishment schemes, Revoking Licenses, Fines and more.

To summarize it shortly (and bluntly): Wibro has Failed!

(Via LightReading)