Tuesday, May 8, 2007

Korea's Hanaro Reports One Million 100 Mbps Broadband Subscribers

hanarotelecom reported that its number of 100 Mbps broadband subscribers exceeded 1 million for the first time in Q1 2007. The 100 Mbps service coverage expanded to 7.3 million households as of the end of Q1, up from 4.3 million households as of the end of 2006. The company said it is on the right track to achieve the full-year target of 12.6 million households able to receive the 100 Mbps service.

Hanaro also stated that strong subscriber growth continued, with broadband net adds of 34,000 and voice net adds of 73,000 for the first quarter. The number of hanaTV subscribers grew by 230,000 in the first quarter, reaching 380,000 activated subscribers on a cumulative basis.


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