KT SK LG Internet Subscription and IPTV (TV) Usually Proceed with a 3-Year Contract, So Choose Carefully When Signing Up Initially
The number of consumers seeking ultra-high-speed internet subscriptions is gradually increasing. In particular, as the number of single-person households such as college students and office workers rises, inquiries about internet subscriptions for one-room, two-room, officetel, and villa-type studio apartments are also increasing.
However, wired products such as internet and IPTV (TV) usually require a 3-year contract, so it is important to choose carefully at the time of initial subscription. If you agree without much thought to the high-priced plans recommended by customer centers or sales offices, your communication expenses for the next three years will only increase.
When subscribing to the internet, it is wise to select a carrier or product that suits your usage environment and to consider the mobile carriers used by your family members as well, so that you can lower your monthly bill through bundle discounts. Although the product lineup and monthly billing amounts are similar across carriers, the discount benefits vary significantly depending on the number and type of mobile subscribers bundled.
According to industry insiders in the wired communication market, the most common channels consumers use to subscribe to internet services are the customer centers of carriers such as SK, LG, and KT, as well as online internet comparison sites. Among these, the ‘internet comparison sites’ are gaining popularity because they offer additional gifts worth about 100,000 KRW or more compared to carrier customer centers or offline agencies.
Since the implementation of the prize notification system on June 1, the amount of gifts that internet comparison sites can provide to consumers has decreased, but they still offer the highest gifts among subscription channels. They are popular because consumers can visually compare and subscribe to monthly billing amounts and gift amounts according to the products (plans) of carriers such as KT, LG, and SK.
Meanwhile, among internet comparison sites, some are attracting attention by providing gifts up to the upper limit of the prize notification system as well as cash gifts on the day of installation.
‘Penguin Tongsin,’ an internet comparison site popular for its differentiated policy of providing cash gifts on the day of installation, is known to provide same-day cash gifts for installations completed before 4 p.m. Installations after 4 p.m. are paid the next business day.
An official stated, “Penguin Tongsin is a corporate internet subscription company officially approved by the Korea Association for ICT Promotion (KAIT), and it holds its own carrier codes, allowing it to verify the customer’s internet installation status through its system.”
They added, “To alleviate consumers’ anxiety while waiting for gift payments after internet installation, we operate a differentiated policy of providing cash support on the day of installation.”
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Despite the implementation of the prize notification system, the internet comparison site Penguin Tongsin continues to provide the legal maximum amount (+15%) of 460,000 KRW as a same-day payment gift.
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