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Press Release

  • Net income of KRW298.7 billion was realized on total sales of KRW2.4 trillion. Net income and total sales were reduced 34% and 1% respectively over the 1st quarter of 2004.

  • Retroactive application of the adjustment of the interconnection ratio, and increase in marketing expenses after the introduction of the Mobile Number Portability System, are the main reasons for the reduction in net income.

  • Wireless Internet service sales recorded KRW417.2 billion. This represents 19% of the cellular phone service sales that do not include the interconnection revenue.