KT Freetel Co., Ltd

KT Freetel Co., Ltd. is a Korea-based mobile communication company. The Company's main activities encompass the provision of code division multiple access (CDMA) engineering consulting services, including the planning and design of wired and wireless networks, network installation and testing, and network maintenance and optimization; the provision of wireless data telecommunication solutions, such as mobile data services based on short message service (SMS), wired and wireless integrated telecommunication services and multipack services based on CDMA, and the provision of technology-related training and consulting services. The Company also provides wideband CDMA (WCDMA) services under the brand name SHOW. During the year ended December 31, 2007, the sale of mobile telecommunication service accounted for approximately 68% of total sales.