SEOUL, Apr. 27 (Korea Bizwire) — South Korea’s top mobile carrier SK Telecom Co. said Friday that its wholly owned fixed broadband subsidiary agreed to merge with No. 2 cable TV operator t-broad in a deal worth 4.7 trillion won (US$4.1 billion), paving the way for the expansion of the telecom firm’s media business. SK [...]
SEOUL, Mar. 15 (Korea Bizwire) — LG Uplus Corp. on Friday sought approval from the government to purchase a majority stake in leading cable TV operator CJ Hello, officials said. The Ministry of Science and ICT will review whether South Korea’s No. 3 mobile carrier’s move to become the largest shareholder of CJ Hello is [...]
SEOUL, Nov. 23 (Korea Bizwire) – Imagine watching all of your favorite YouTube shows on TV. South Korea’s leading content and media company CJ E&M plans to make that a reality by creating a cable channel dedicated to such shows and the creators who produce them. It will be called DIA TV, an acronym for [...]