KT Freetel Co., Ltd. (Korea Telecom Freetel, ko, 주식회사케이티프리텔) was a South Korean telecommunications firm, now merged into
Korea Telecom
KT Corporation (Hangul: 주식회사 케이티), formerly Korea Telecom, is a South Korean telecommunications company. KT is the second-largest wireless carrier in South Korea, with 16.493 million subscribers as of Q4 2017.
The formerly fully ...
, specializing in cellular, or mobile, phones. Since 1999, it has also developed extensive overseas operations. The company is credited with developing customized
ring back tones. On 1 June 2009, KTF was merged with
KT.
In 2003, KTF received an order from
PT Mobile-8 Telecom of
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...
for a comprehensive consulting service. KTF also signed a contract for the export of its
CDMA
Code-division multiple access (CDMA) is a channel access method used by various radio communication technologies. CDMA is an example of multiple access, where several transmitters can send information simultaneously over a single communication ...
network management system and invested $10 million in the Indonesian mobile provider.
KTF commercialized the world first nationwide HSDPA service with the brand of "SHOW" on 1 March 2007.
In India, the firm completed the first stage of its contract with Reliance for $2.65 million worth of the CDMA network construction.
KTF also holds a 25% stake in
CEC Mobile of
China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's List of countries and dependencies by population, most populous country, with a Population of China, population exceeding 1.4 billion, slig ...
, after investing a sum of 4.5 billion
won in 2002. The two major shareholders of KTF are
KT(52.99%) and
NTT DoCoMo (10.03%). KTF sponsors a professional
StarCraft
''StarCraft'' is a military science fiction media franchise created by Chris Metzen and James Phinney and owned by Blizzard Entertainment. The series, set in the beginning of the 26th century, centers on a galactic struggle for dominance a ...
team.
Merged into KT
KT officially declared the merger on January 14 2009. KFTC approved merge on February 25, 2009. The
Korea Communications Commission finally approved the merger on Mar 18 2009.
A special meeting of shareholders was held on Mar 27 2009. KT finished the merge on May 31, 2009.
See also
*
List of South Korean companies
A ''list'' is any set of items in a row. List or lists may also refer to:
People
* List (surname)
Organizations
* List College, an undergraduate division of the Jewish Theological Seminary of America
* SC Germania List, German rugby unio ...
*
List of telephone operating companies
This list identifies the fixed line operators and the mobile operators for the top 200 most populous countries in the world.
The list of countries and their populations is from List of countries by population. The CIA World Factbook is cited ...
*
Economy of South Korea
The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped nati ...
*
SK Telecom
SK Telecom Co., Ltd. ( or ) is a South Korean wireless telecommunications operator and former film distributor and is part of the SK Group, one of the country's largest chaebols. It leads the local market with 50.5 percent share as of 2008. S ...
*
LG Telecom
*
KT
*
U Mobile
U Mobile Sdn Bhd (223969-U) is a Malaysian mobile telecommunications service provider and was founded in 1998 as MiTV Networks Sdn Bhd. U Mobile is a wholly owned subsidiary of U Television Sdn Bhd, which was formerly known as U Telecom Media ...
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Members of the Conexus Mobile Alliance
KT Group