Monday, February 20, 2006

Hanaro 100 Mbps Optical LAN Service Reaches 400,000 Residential Customers

Korea's hanarotelecom reported significant progress in the rollout of its 100 Mbps optical LAN service last year, which resulted in the optical LAN coverage in about 3,700 apartment complexes with 2.2 million households. There were 400,000 subscribers for its optical LAN service as of the end of December 2005.

Mr. Byung-Moo Park, Hanaro's representative director designee, said the company intends to expand the coverage of its 100 Mbps optical LAN service to about 8,000 apartment complexes with 4 million households in 2006, as well strengthening its service competitiveness by providing differentiated value-added services such as a "TV-Portal." Hanaro is targeting 550,000 VoIP subscribers this year by actively leveraging fixed-line number portability for about 2 million HFC subscribers of Hanaro and Thrunet and launching digital wired/wireless integrated services."

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