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2010 Top 5 Korea Telecom Market News Spotlights
2010/01/03 – 9:51 pm | 2 Comments
2010 Top 5 Korea Telecom Market News Spotlights

In conjunction with the global economic environment, the telecommunications market in Korea is also expected to become more brisk in comparison to the previous year. Along with a deregulatory governmental mood, the competition between telecom …

Korea Regulator OKs Merger of LG Telecom with Dacom, Powercom
2009/12/14 – 4:30 pm | No Comment

The Korea Communications Commission (KCC) on Monday gave final approval to the merger of LG Group’s three telecoms wings, the telecommunications regulator said.
The decision allows LG Telecom, the country’s smallest mobile carrier, to absorb its …

IPTV Subscribers Top 1.5 mln in Korea After One Year
2009/12/10 – 3:53 pm | No Comment
IPTV Subscribers Top 1.5 mln in Korea After One Year

The number of South Korean subscribers to real-time Internet-protocol television (IPTV) has topped the 1.5 million mark a year after the service started, a telecom regulator said Thursday.
According to the Korea Communications Commission, the country’s …

Shareholders OK Merger of LG Group’s 3 Telecom Units
2009/11/27 – 4:29 pm | No Comment

Shareholders of LG Group’s three telecom affiliates approved Friday a merger of the companies next year to better compete with two local telecom powerhouses.
A majority of shareholders of the three — mobile carrier LG Telecom, …

SK Telecom has no plans to merge with SK Broadband
2009/10/30 – 12:20 am | No Comment

The LG group recently announced that it will plan to merge its three telecommunications companies, LG Telecom, LG Dacom, and LG Powercom into one. The action was presumably stimulated by KT’s absorption of its wireless …

LG Dacom posts 3.2 pct rise in Q3 earnings
2009/10/20 – 5:57 am | No Comment

LG Dacom, South Korea’s No. 2 fixed-line carrier, said Tuesday that its third-quarter earnings rose 3.2 percent from a year earlier on strong Internet-based business.

Korean telecom companies seeking scale of economy through M&A
2009/10/15 – 12:09 pm | No Comment

After the merger in June of KT with its affiliate KTF, the second-largest mobile operator, LG Group today announced the merger of its telecom companies – LG Telecom, LG Dacom, and LG Powercomm. With this …

LG Group's three telecom units to merge next year
2009/10/15 – 7:33 am | No Comment

The board of directors from LG Group’s three telecom affiliates agreed Thursday to a merger of the companies next year, to better compete with two local telecom powerhouses.
Boards from mobile carrier LG Telecom, fixed-line operator …

IPTV subscribers top 1 mln in Korea
2009/10/09 – 4:43 am | No Comment

The number of South Korean subscribers to real-time Internet-protocol television (IPTV) has topped the 1 million mark, helped by the expansion of infrastructure and improved service quality, a trade association said Friday.
According to the Korea …

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