SK Broadband and Netflix reach an agreement on network usage fees

Reporter Kim Jisun / approved : 2023-09-18 03:20:52
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[Alpha Biz=(Chicago) Reporter Kim Jisun] SK Broadband and Netflix will drop the lawsuit over the cost of using the network and start to reach an agreement.

According to the telecommunications industry on the 17th, SK Broadband and Netflix have decided to withdraw the 'return of unfair profits' and 'debt non-existence' filed against each other and are in last-minute negotiations.

Although the terms of the negotiations are not known, the industry expects Netflix to reach an agreement in the form of providing a certain level of network usage fees to SK Broadband.

An official of SK Broadband said, "There is nothing we can answer in this regard."

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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