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SK Telecom's SK Broadband unit inks merger deal with t-broad

Friday 26 April 2019 | 13:34 CET | News
South Korean operator SK Telecom has announced that its fixed broadband subsidiary SK Broadband has signed a merger contract with t-broad, a subsidiary of Taekwang Industrial. SK Telecom will own 74.4 percent of the merged entity, followed by Taekwang Industrial with 16.8 percent; Financial Investors 8.0 percent; and treasury stock and others 0.8 percent.

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Categories: Broadcast & Satellite
Companies: SK Broadband / SK Telecom
Countries: Korea, Republic of
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