South Korean carriers’ ABS-backed installment receivables fall 15.6% despite higher handset sales
AI Summary- South Korea’s three major carriers reduced mobile phone installment receivables monetized through ABS issuance.
- 2.152 trillion won was securitized in the first half, down 15.6% year-on-year.
- Combined handset distribution and sales revenue rose 5% to 6.3583 trillion won.