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Wireless

SK Communications, Kakao in merger talks - report

Thursday 27 September 2012 | 03:56 CET | News
SK Communications, the subsidiary of SK Telecom that runs Nate and Cyworld, is in early talks on a merger with Kakao, which operators mobile messenger service Kakao Talk. The mobile messenger service was launched in March 2010 and threatened profits of mobile operators, including SK Telecom, with its free service. Sources familiar with the matter told the Korea Herald that the companies are in talks on a merger.

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Categories: Mobile & Wireless
Companies: SK Telecom
Countries: Korea, Republic of
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