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What is Korea Telecom Freetel mean?
KT Freetel Co., Ltd. (Korea Telecom Freetel, Korean: 주식회사케이티프리텔) was a South Korean telecommunications firm, now merged into Korea Telecom, specializing in cellular, or mobile, phones. Since 1999, it has also developed extensive overseas operations. The company is credited with developing customized ring back tones. On 1 June 2009, KTF was merged with KT.
In 2003, KTF received an order from PT Mobile-8 Telecom of Indonesia for a comprehensive consulting service. KTF also signed a contract for the export of its CDMA network management system and invested $10 million in the Indonesian mobile provider.
KTF commercialized the world first nationwide HSDPA service with the brand of "SHOW" on 1 March 2007.
In India, the firm completed the first stage of its contract with Reliance for $2.65 million worth of the CDMA network construction.
KTF also holds a 25% stake in CEC Mobile of China, after investing a sum of 4.5 billion won in 2002. The two major shareholders of KTF are KT(52.99%) and NTT DoCoMo (10.03%). KTF sponsors a professional StarCraft team.
referencePosted on 14 Dec 2024, this text provides information on Miscellaneous in Telecommunication related to Telecommunication. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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