data transmission per month and its rate plans for people in the military service featuring unlimited domestic voice minutes, text messaging and data transmission for Won 2,000 per day of use while on leave. For its T Pocket Pie device, the company provides a fixed monthly data transmission allowance of 10 GB for Won 15,000 per month and 20 GB for Won 22,500 per month. With respect to the wearable devices that the company offers targeted rate plans, such as the T Outdoor rate plan for smart watches at Won 10,000 to Won 11,000 per month, the T pet rate plan for its T pet device at Won 5,000 per month and the T kids rate plan for its T kids’ phone – Joon devices at Won 8,000 per month. Data Add-on Rate Plans: The company offers various optional add-on rate plans that are designed to meet a range of subscriber needs with respect to increased data usage that followed the widespread use of smartphones and faster transmission speeds made possible by LTE technology. It offers data plans that offer unlimited data based on time, place and occasion, such as its Subway Free plan, which offers unlimited wireless data usage on subway platforms and inside subways and its Commuter Free plan, which offers unlimited wireless data usage during rush hour, each for a fixed rate of Won 9,000 per month. The company also offers a daily allowance of 1 GB of oksusu access and a monthly allowance of 8,000 points to purchase media content on oksusu through its Band Play Pack plan for Won 5,000 per month. Rate Plans The company offers its wireless telecommunications services on both a postpaid and prepaid basis. Approximately 94% of its subscribers received its wireless telecommunications services on a postpaid basis as of December 31, 2015. It provides various subsidies and discounts, including handset subsidies, depending on the length of the contract. The company’s prepaid service enables individuals to obtain wireless telecommunications services without a fixed-term contract by paying for all services in advance according to expected usage. The company also charges its customers a 10.0% value-added tax. The company can offset the value-added tax it collects from its customers against value-added tax refundable to the company by the Korean tax authorities. The company remits taxes it collects from its customers to the Korean tax authorities. The company records revenues in its financial statements net of such taxes. Basic Rate Plans: The company offers various postpaid account plans for smartphones and basic phones that are designed to meet a range of subscriber needs and interests. As of December 31, 2015, approximately 7 million subscribers have subscribed to Band Data plans, which are its representative smartphone rate plans featuring unlimited domestic voice minutes and text messaging and a fixed data transmission allowance per month, as well as free access to live TV on oksusu, its mobile IPTV service, that range from Won 29,000 to Won 100,000 per month. The company’s Voice Free plans are available for its basic phones and feature a fixed allowance of voice minutes and 50 text messages per month with rates that range from Won 19,000 to Won 94,000 per month The company also offers a standard rate plan for Won 11,000 per month, through which the subscriber is charged per usage amount, other than on text message usage up to 50 messages per month. In addition, the company provides various differentiated rate plans for its customer segments by age such as children, teenagers and senior citizens. The company also offers rate plans for specific customer segments, such as its Band Data Global Pack rate plans for foreigners featuring unlimited domestic voice minutes and text messaging, a fixed allowance of international voice minutes and data transmission per month and its rate plans for people in the military service featuring unlimited domestic voice minutes, text messaging and data transmission for Won 2,000 per day of use while on leave. For its T Pocket Pie device, the company provides a fixed monthly data transmission allowance of 10 GB for Won 15,000 per month and 20 GB for Won 22,500 per month. With respect to the wear
sk telecom co ltd-spon adr
Phone: 82 2 6100 2114
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