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KTF

 

KTF (Korea Telecom Freetel, Korean: (주)케이티프리텔) was a South Korean telecommunications firm, now merged with Korea Telecom, specializing in cellular, or mobile, phones. Since 1999, it has also developed extensive overseas operations. The company is credited with developing customised ring back tones. In mid-2009, KTF merged with KT

In 2003, KTF received an order from PT Mobile-8 Telecom of Indonesia for a comprehensive consulting service. KTF also signed a contract for the export of its CDMA network management system and invested US$10 million in the Indonesian mobile provider.

In India, the firm completed the first stage of its contract with Reliance for US$2.65 million worth of the CDMA network construction.

KTF also holds a 25% stake in CEC Mobile of China, after investing a sum of 4.5 billion won in 2002. The two major shareholders of KTF are KT(52.99%) and NTT DoCoMo(10.03%). KTF sponsors a professional StarCraft team.

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