SK Broadband
ASN | ||
Website | skbroadband |
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SK Broadband | |
Hangul | SK브로드밴드 |
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Revised Romanization | SK Beurodeubaendeu |
McCune–Reischauer | SK Pŭrodŭbaendŭ |
SK Broadband, Inc.
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]
History
Originally a domestic fixed-line carrier, Hanaro Telecom entered the broadband market in 1999
Since 2000, Hanaro has participated in the Cisco Powered Network Program, a joint marketing program between Cisco and network service providers which offers public services over a network powered by
In February 2008, Hanaro Telecom was acquired by local wireless giant
In November 2015, SK Telecom agreed to acquire a 30% stake in competitor CJ HelloVision for KRW 500 billion.[10] The acquisition will make SK Broadband the No. 2 paid cable broadcaster in South Korea, following KT.[citation needed]
In September 2021, SK Broadband sued American pay television service Netflix to pay for the increased network costs and bandwidth which it blames on popular shows such as Squid Game.[11] SK Broadband claims that Netflix’s traffic on the ISP network has exponentially increased about 24 times, from 50 Gigabits per second in May 2018 to 1,200 Gigabits in September 2021.[12]
Stock market listings
- KOSDAQ
- ADR) as Hanaro Telecom (ticker symbol HANA)
See also
References
- ^ "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.
- ^ "Hanaro renamed SK Broadband". Telecompaper. September 22, 2008.
- ^ "SK Broadband to Offer 10 Gbps Internet". BusinessKorea Co., Ltd. October 14, 2014.
- ^ Smith, Greg (October 14, 2015). "Cisco Blog: South Korea's SK Broadband Improving the User Experience with Cisco cBR-8". Cisco Systems.
- ^ Kim, Yongsoo; Kelly, Tim; Raja, Siddhartha (2010). Building Broadband: Strategies and Policies for the Developing World. GICT. p. 45.
- ^ "Hanaro Telecom Selects CommVerge Solutions and Force10 Networks for 10GbE Deployment" (Press release). SEOUL, South Korea: CommVerge. PRNewswire. October 14, 2003. Retrieved 2016-01-01.
- ^ "Hanaro Telecom and Thrunet of Korea plan joint bid for cable operator Powercomm". Optical Newsletter. January 9, 2002.
- ^ Galbraith, Michael (March 1, 2005). "Thrunet takeover to stabilize Korean broadband market by Hanaro Telecom". Telecom Asia. Archived from the original on May 3, 2016.
- ^ "SK Telecom Acquiring Control Of Hanaro For $1.2B". Forbes. December 3, 2007.
- ^ "SK Telecom Plans To Acquire Further Stake In CJ Hellovision". Bloomberg L.P. November 3, 2015.
- ^ "Netflix might have to pay millions in bandwidth usage fees in South Korea - The Verge". October 2021.
- ^ "South Korean ISP SK Broadband counterclaims against Netflix for bandwidth usage fees – TechCrunch". 30 September 2021.