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StageX, the 4th mobile carrier in danger of bankruptcy, what about the refunds already paid?
On the 14th, Choi Byung-taek, director of the Radio Policy Bureau, claimed, "The 205 billion won submitted by the business operator is stated as capital in the frequency allocation application and the applicant corporation details, with no other explanation provided." In response, StageX clarified on the 19th that there was an error in the Ministry of Science and ICT's explanation that it violated Article 3 (stock sale prohibition) and Article 4 (faithful implementation of capital procurement plan) of the commitment letter.
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