Friday, November 02, 2007

[The Chosun Ilbo, October 31 2007] KT Buys Uzbek Phone, Internet Companies

KT said Tuesday that it has acquired two Uzbek communications companies to break into the Central Asian market.

Korea's leading fixed-line and Internet service provider purchased a 51 percent stake in Uzbekistan's East Telecom, a fixed-line operator, and a 60 percent stake in Super-iMax, a wireless Internet service provider.

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