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Home > Company Index > Telecommunications > Miscellaneous Services to Communication Providers > Hanaro Telecom, Inc.

Hanaro Telecom, Inc.
Nasdaq: HANA
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 NEWS FROM THE WIRES
News Corp surge helps push Australian stocks higher
Jul 16 2001 12:16 AM PDT

News Corp surge helps push Australian stocks higher
Jul 16 2001 12:16 AM PDT

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 PROFILE
Hanaro Telecom is scrambling to ease the last-mile bottleneck in the South Korean telecommunications landscape. The company provides high-speed Internet access, data transport, and local telephone service over its fiber-optic network, which connects some 66 cities. Targeting office buildings and apartment complexes, Hanaro connects its customers using its own fiber-optic cable or leased hybrid fiber coaxial (HFC) cable; it operates some 1.4 million subscriber lines and has about 1.3 million subscribers. The company was formed in 1997 by seven conglomerates to take on monopoly Korea Telecom. Hanaro's shareholders include Dacom, SK Telecom, and Samsung Electronics.

 COMPETITION
Korea Telecom Corp. (KTC)
Korea Thrunet Co., Ltd. (KOREA)
SK Telecom Co., Ltd. (SKM)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 265.30
1-Yr. Sales Growth: 1,181.6%
Employees: 1,549
Revenue per employee: $171,271.79

 KEY PEOPLE
• Yun-Sik Shin
    CEO
• Han-Ku Han
    CFO

 CONTACT INFO
Kukje Electronics Center Bldg., 24th Fl.
Seoul 137-728, South Korea
Phone: 82-2-106
Fax: 82-026-4389
Online: Web Site

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