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Articles tagged with: Kt Freetel
DoCoMo Sells Stake in Malaysian 3G Operator
Japan's NTT DoCoMo announced today that it will sell its shareholding in U Mobile, a Malaysian 3G mobile operator, for US$100 million - the same amount DoCoMo originally invested for the shares. more
Related Tags: docomo, u-mobile, Malaysia
KT Freetel Sells Stake in Malaysian Subsidiary
South Korea's KT Freetel is to sell its 16.5% stake in Malaysian mobile network operator, U Mobile for at least RM 360 million (US$100 million) to avoid losses on its investment. Bloomberg news reported that he company said in a regulatory filing that the sale of 62.6 million shares will go to U Mobile's major shareholder, U Television Sdn Bhd. more
Related Tags: tim, docomo, u-mobile, kt, Malaysia
Japan's DoCoMo to Issue South Korean Numbers for Roaming Customers
Japanese operator, DoCoMo is launching a service which offers a local South Korean phone number to its customers roaming into that country - which it says will lower phone call costs by around 60%. Customers will also retain the DoCoMo numbers that they use in Japan. more
Related Tags: roaming, docomo, ktf, kt, Korea South
South Korean W-CDMA base exceeds EV-DO in fourth quarter
All three South Korean operators have now reported their Q4 08 results. The South Korean market is one of the most stable in the world, and it was thus no surprise that market shares remained unchanged both quarter-on-quarter and year-on-year, with SK Telecom (SKT) on 50.5%, KT Freetel (KTF) on 31.5% and LG Telecom (LGT) on 18.0%. In fact, barring a minor blip in June, there was no change in market shares on a monthly basis either throughout 2008. more
Related Tags: 3g, arpu, cdma, lg, cdma2000-1x, sk-telecom, ktf, cdma2000, kt, ev-do, Korea South
SK Telecom, KT Freetel and LG Telecom Q3 2008 Results
The third quarter of 2008 saw SK Telecom (SKT) maintain its market leadership in almost every regard. In a highly stratified market, it was no surprise that it still had the largest subscriber base with 22.88m, compared to 14.26m for KT Freetel (KTF) and 8.14m for LG Telecom (LGT). Its dominance of the figures for quarterly net additions was also predictable given that it had topped the market for this metric for the previous seven quarters. However, it added just 131.6k new customers in Q3 08, its lowest gain since Q3 06 - the last quarter in which it failed to lead the market. KTF recorded net additions of 93.3k, up 29.8% year on year, while LGT saw its lowest figure since Q1 05 with a gain of just 66.8k. more
Related Tags: arpu, lg, sk-telecom, ktf, kt, Korea South
KT Freetel: CEO Young-Chu Cho Resigns Amid Kickback Charges
SEOUL -(Dow Jones)- South Korea's KT Freetel, Monday said Chief Executive Young-Chu Cho has resigned amid allegations he took kickbacks from suppliers in return for buying their products. more
Related Tags: kt, Korea South
SK Telecom, KT Freetel and LG Telecom Q2 2008 Results
The Korean market finished Q2 08 just short of 45m subscribers, with an end-quarter total of 44.98m. It remains a highly stratified market, although LG Telecom (LGT) has been gradually encroaching on the market share of rival KT Freetel (KTF), adding 0.3pp since the end of Q2 07 to finish June 2008 with 17.9%. KTF lost 0.4pp in the year to finish the quarter with 31.5%, while SK Telecom (SKT) ended on 50.6%, up 0.1pp year on year. more
Related Tags: sk-telecom, ktf, kt, Korea South
The number of South Korean mobile users finished just short of 45m at the end of June, with a total of 44.98m. The market remains highly stratified with SK Telecom (SKT) the clear market leader. At the end of June, it had 22.74m customers and 50.6% market share, up 0.1pp year on year. It has gained the highest figure for monthly net additions every month since October 2006, a 21-month run. Moreover, in absolute terms it has consolidated its lead over second-placed KT Freetel (KTF), increasing the gap from 7.85m at the end of June 2007 to 8.58m a year later. more
Related Tags: w-cdma, lg, ktf, kt, Korea South
KT Freetel: Approached by Taiwan's VIBO Telecom to Buy Stake
SEOUL -(Dow Jones)- South Korea's KT Freetel, Tuesday said that it has been approached by Taiwan's VIBO Telecom over the possibility of it acquiring a stake in the Taiwanese mobile services provider. more
Related Tags: vibo-telecom, hutchison, kt, hutchison-whampoa, Taiwan
DoCoMo & KT Freetel to Jointly Procure 3G Phone from LG
Japan's DoCoMo and South Korea's KT Freetel have announced that they are to jointly procure a 3G handset model from LG Electronics. The handset is LG's WINE model, which DoCoMo will sell as the FOMA L706ie in Japan from August, while KTF plans to introduce the model in South Korea from September. more
Related Tags: docomo, lg, ktf, kt, hsdpa, Korea South