SK Broadband

SK Broadband, Inc.
FormerlyHanaro Telecom, Inc.
Company typeSubsidiary
KRX: 033630
IndustryTelecommunications
FoundedSeptember 23, 1997 (1997-09-23)[1] as Hanaro Telecom
September 22, 2008 (2008-09-22)[2] as SK Broadband
Headquarters,
Key people
Jin-Hwan Choi (CEO)
ServicesVoice (Fixed-line/VoIP)
Broadband Internet
Cable TV
Leased lines
IPTV
RevenueIncrease KRW 1,314,981 million (Q2 2015)
ParentSK Group
ASN
Websiteskbroadband.com
SK Broadband
Hangul
SK브로드밴드
Revised RomanizationSK Beurodeubaendeu
McCune–ReischauerSK Pŭrodŭbaendŭ

SK Broadband, Inc. KRX: 033630, formerly known as Hanaro Telecom, is a Seoul-based telecommunications company and a wholly owned subsidiary of SK Telecom. It is one of the largest broadband Internet access providers in South Korea. Until its takeover in 2008, Hanaro controlled nearly half of the Korean landline market, as it was the only last mile-competitive local exchange carrier (CLEC) other than the state-owned KT Corp. SK Broadband also has a division known as "Broad &" that controls a large portion of the South Korean calling card market.

In October 2014, SK Broadband unveiled the world's first 10 Gbit/s Internet service at the ITU Plenipotentiary Conference. The new Internet service is 100 times faster than existing LAN services in South Korea, which deliver download speeds of 100 Mbit/s.[3][4]

  1. ^ "Hanaro Telecom and Cisco Systems Form Strategic Alliance" (Press release). Seoul, South Korea: Hanaro Telecom/Cisco Systems. PRNewswire. June 14, 2000. Retrieved 2015-12-31.
  2. ^ "Hanaro renamed SK Broadband". Telecompaper. September 22, 2008.
  3. ^ "SK Broadband to Offer 10 Gbps Internet". BusinessKorea Co., Ltd. October 14, 2014.
  4. ^ Smith, Greg (October 14, 2015). "Cisco Blog: South Korea's SK Broadband Improving the User Experience with Cisco cBR-8". Cisco Systems.