KT Corporation
06. October 2004

Korea Telecom was established as a state-owned incumbent in 1981 through the enactment of the Korea Telecom Act. The company officially took over the telecommunications business being operated by the government through the Korean Ministry of Information & Communication (MIC - formerly Ministry of Communication) in 1982. In 1997 the Korea Telecom Act was repealed and Korea Telecom became a corporation with limited liability under the Commercial Code of 1997. In 2002, the company renamed itself KT Corporation. More...


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