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Broadband

Korean govt confirms approval of SK Broadband merger with T-broad

Wednesday 22 January 2020 | 11:47 CET | News
South Korea's ICT ministry has confirmed its initial ruling of granting conditional approval to the merger between SK Broadband and T-broad, Yonhap news agency reports. SK Telecom received approval from the Korean ICT Ministry to acquire the number-two cable operator T-broad in December 2019. The company first announced in May 2019 plans to merge T-broad with SK Broadband to strengthen its position on the TV market.

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Categories: Fixed
Companies: SK Broadband / SK Telecom / T-broad
Countries: Korea, Republic of
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