News - KT Corp.
Market regulators in South Korea gave unconditional approval to a merger between KT Corp. and its mobile service affiliate KTF Co. Wednesday. The Fair Trade Commission said in a statement it found no competition-limiting impact from the takeover.
By Kyodo News International, Tokyo Dec. 15--TOKYO -- NTT DoCoMo Inc. said Thursday it and South Korea's No. 2 mobile service provider KT Freetel Co. signed a capital and technological tie-up agreement to expedite mobile services based on the sophisticated W-CDMA format in the South.
Text of report in English by South Korean news agency Yonhap Seoul, 9 December: KT Corp., South Korea's fixed-line telephone and broadband leader, said Friday [9 December] it will open its first North Korean branch later this month since the two nations were separated 50 years ago.
