The Ministry of Information and Communication (MIC) in Korea has approved the acquisition of Hanaro Telecom by SK Telecom. SK won a 1.090 billion KRW bid for the company late last year, which was subject to the approval of government antitrust regulators. Hanaro had been rumoured to be an SK takeover target for the last year.

Other posts by :

1. FCC eyes freeing up Weird Space Stuff spectrum
2. SES happy with releasing 160MHz of spectrum for 5G
3. Inmarsat “likely to win appeal” over Ligado/AST action
4. FCC seeks fair play over foreign satellite access
5. Bank raises RocketLab target price
6. Paramount throws kitchen sink
7. Ukraine wants its own LEO system
8. SpaceX outlines Starlink cellular delivery plan
9. NAB vs CTIA on C-band release

Categories: Articles, Business, M&A