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  September 5, 2001
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Home > Company Index > Telecommunications > Internet & Online Service Providers > Korea Thrunet Co., Ltd.

Korea Thrunet Co., Ltd.
Nasdaq: KOREA
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 NEWS FROM THE WIRES
Korea Thrunet says interested in Powercomm stake
Aug 08 2001 05:49 PM PDT

More WIRE STORIES about this company

 PROFILE
If you want to find out about Korea through the 'Net, then you might want to start with Korea Thrunet. The ISP provides cable modem-based Internet services -- including always-on, high-speed access -- to more than 1 million residential and business customers. The company also provides fiber-based data communications to corporate customers. Subsidiary KOREA.COM Communications operates an Internet portal. Thrunet was founded in 1996 by computer manufacturer TriGem and power company KEPCO, which leases its fiber-optic backbone and coaxial cable network to Thrunet. TriGem owns about 17% and Microsoft Corporation owns 8% of Thrunet; other investors include Softbank (15%) and the Nasdaq Stock Market (12%).

 COMPETITION
Hanaro Telecom, Inc. (HANA)
Korea Telecom Corp. (KTC)
Yahoo! Inc. (YHOO)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 194.60
1-Yr. Sales Growth: 224.3%

 KEY PEOPLE
• Lee Jae Hyun
    CEO
• Charles Changmoo Rim
    CFO

 CONTACT INFO
18th Fl., Thrunet Bldg.
Seoul 137-751, South Korea
Phone: 82-2-3488-8500
Fax: 82-2-3488-8511
Online: Web Site

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