Friday, 21 July 2017

SK Telecom to acquire cableco CJ Hellovision

By Nick Wood, Total Telecom
Monday 02 November 15

South Korean operator to merge company with SK Broadband to provide hybrid cable/IPTV services.

SK Telecom on Sunday announced it has agreed to acquire South Korean cableco CJ Hellovision with a view to merging it with its fixed-line division SK Broadband. The operator will initially pay 500 billion won (€398.2 million) for a 30% stake in CJ Hellovision currently held by CJ O Shopping…

SK Telecom on Sunday announced it has agreed to acquire South Korean cableco CJ Hellovision with a view to merging it with its fixed-line division SK Broadband. The operator will initially pay 500 billion won (€398.2 million) for a 30% stake in CJ Hellovision currently held by CJ O Shopping…

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