KT Skylife "Maximizing Synergy with HCN... Will Prepare Thoroughly"

[Asia Economy Reporter Koo Chae-eun] KT Skylife, selected as the preferred negotiator for Hyundai HCN, stated, "We will maximize synergy through the combination of Hyundai HCN's wired and wireless networks," adding, "As the only satellite broadcaster in Korea, we feel an even greater sense of responsibility in terms of broadcasting and broadcasting M&A."

On the 27th, KT Skylife issued a press release following the announcement of its selection as the preferred negotiator for the acquisition of Hyundai HCN, saying, "We will do our best to prepare thoroughly while closely cooperating with the government to ensure that the corporate merger review proceeds smoothly and is completed promptly."

KT Skylife especially stated, "We plan to maximize synergy through the combination of wired and wireless networks and promote market competition activation and expansion of consumer choice by launching practical new products centered on broadcasting services." They also said, "We will make efforts to develop the domestic media content industry, strengthen regionality as a public responsibility of broadcasting, expand the public responsibilities required of satellite broadcasting, and enhance user welfare."

This content was produced with the assistance of AI translation services.