Ktf

Since 1999, it has also developed extensive overseas operations. The company is credited with developing customized ring back tones. On 1 June 2009, KTF was 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 $10 million in the Indonesian mobile provider.

KTF commercialized the world first nationwide HSDPA service with the brand of "SHOW" on 1 March 2007.

In India, the firm completed the first stage of its contract with Reliance for $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.

KT officially declared the merger on January 14 2009.^{[citation needed]} KFTC approved merge on February 25, 2009.^{[citation needed]} The Korea Communications Commission finally approved the merger on Mar 18 2009.^{[citation needed]}

A special meeting of shareholders was held on Mar 27 2009.^{[citation needed]} KT finished the merge on May 31, 2009.^{[citation needed]}

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