The South Korean government's Communications Commission today ordered (subscription required) that carriers cut their subscription rates. The act follows up election promises by President Lee Myung-bak and will have all three major carriers in the country slash their voice, data and bundle prices by varying degrees. SK Telecom, which has just over half of the Korean market, will cut its voice rates by 27 percent to about $35 and its data plans by about 19 percent. KT will cut its own basic voice rate 20 percent to about $20 a month and will drop its data rates a sh
