Facebook will start paying network maintenance fees to a local internet provider,... which will enable faster connections for users in Korea.
According to local industry sources,... the social media platform last week agreed to pay SK Broadband to use its cache server,... ending about two years of negotiations.
The details of the agreement have not been released but the deal comes after years of disputes over global internet platforms and their apparent reluctance to pay for traffic in the country.
Industry experts say Facebook's decision to pay server fees is likely to put pressure on other platforms such as Netflix and YouTube to negotiate similar deals.