##### 



Exhibit 4.3
 Wholly amended By
    
    1991 · 8 ·10
    
    Act No. 4394Amended By
    
    1991 ·12 ·14
    
    Act No. 4439Amended By
    
    1991 ·12 ·14
    
    Act No. 4441Amended By
    
    1995 · 1 · 5
    
    Act No. 4861Amended By
    
    1995 · 1 · 5
    
    Act No. 4903Amended By
    
    1996 ·12 ·30
    
    Act No. 5220Amended By
    
    1997 · 8 ·28
    
    Act No. 5385Amended By
    
    1998 · 9 ·17
    
    Act No. 5564Amended By
    
    1999 · 2 · 8
    
    Act No. 5835Amended By
    
    1999 · 5 ·24
    
    Act No. 5986Amended By
    
    2000 · 1 ·28
    
    Act No. 6230Amended By
    
    2001 · 1 · 8
    
    Act No. 6346Amended By
    
    2001 · 1 ·16
    
    Act No. 6360Amended By
    
    2002 · 1 ·14
    
    Act No. 6602Amended By
    
    2002 · 2 · 4
    
    Act No. 6656Amended By
    
    2002 ·12 ·26
    
    Act No. 6822




---



##### 



Amended By
    
    2004 · 2 · 9
    
    Act No. 7165Amended By
    
    2005. 3. 31.
    
    Act No. 7428Amended By
    
    2005. 3. 31.
    
    Act No. 7445Amended By
    
    2005. 12. 29.
    
    Act No. 7796Amended By
    
    2006 · 3 · 24
    
    Act No. 7916
  Article 1 (Purpose)
  Article 2 (Definitions)




---



##### 



Framework Act on
Telecommunications
 Article 3 (Duty of Providing Services, etc.)
    Article 3-2 (Universal Service)




---



##### 








---



##### 



Article 4 (Classification, etc. of Telecommunications Business)
    Article 5




---



##### 



Article 5 (License etc. of Key Communications Business Operator)
  Article 44-2 of the Framework Act on
Telecommunications




---



##### 








---



##### 



Article 5-2 (Reasons for Disqualification for License)
 Article 5
   Article 6
 Article 6 (Restrictions on Stock Possessions of Foreign Governments or Foreigners)




---



##### 



Article 36 of
the Securities and Exchange Act
 
 Article 6-2 (Grounds for Disqualifying Officers)
    Framework Act on
Telecommunications Radio Waves Act




---



##### 



Act on Promotion of
Information and Communications Network Utilization and Information Protection, etc.
 Framework Act on Telecommunications Radio Waves Act
 Framework Act on Telecommunications Radio Waves Act Act on
Promotion of Information and Communications Network Utilization and Information Protection,
etc.
 Article 15 Article 28




---



##### 



Article 6-3 (Examination of Public Interest Nature of Stock Acquisition, etc. by Key Communciations
Business Operator)
  Article 36 of the
Securities and Exchange Act




---



##### 








---



##### 



Article 6-4 (Composition and Operation, etc. of Public Interest Nature Examination Committee)
     Article 2




---



##### 



Article 7 (Restrictions, etc. on Stockholders of Excessive Possession)
 Article 6
 Article 6
  Article 6




---



##### 



Article 7-2 (Charge for Compelling Execution)
 Articles
6-3 7
  Article 37-2
 
 Article 8 (Issuance of Stocks)




---



##### 



Article 9 (Obligation of Commencing Business)
    Article 10 (Addition of Service and Modification of License)
 Article
5




---



##### 



Article 5
 Articles 5 Article 9
 Article 11 (Concurrent Operation of Business)




---



##### 



Article 12
  Article 13 (Takeover of Business and Merger of Juristic Persons etc.)




---



##### 



Article 44-2 of the Framework Act on
Telecommunications




---



##### 



Article 5-2
 Article 14 (Suspension, Closedown of Business or Dissolution of Juristic Persons, etc.)
   
 Article 15 (Cancellation of License, etc.)




---



##### 



Articles 5 13
 Article 7
 Article 9 Article 9
 Article 29
 Articles 36-3 36- Framework Act on Telecommunications Radio Waves
Act Act on Promotion of Information and Communications Network Utilization and
Information Protection, etc. Framework Act on Informatization Promotion




---



##### 



Article 16
   Articles 17 and 18
   Article 19 (Registration of Specific Communications Business Operator)




---



##### 



Article 20
  Article 21 (Report, etc. of Value-Added Communications Business Operator)
 
 Article 22 (Modification of Registered or Reported Matters)
 Article 19 Article 21




---



##### 



Article 23
  Articles 24 and 24-2
  Article 25 (Transfer or Takeover, etc. of Business)
  Article 26 (Succession of Business)




---



##### 



Article 25
 Article 27 (Suspension or Closedown, etc. of Business)
   Article 28 (Cancellation of Registration and Order for Closedown of Business)




---



##### 



Article 19
 Article 19
  Article 65
 Article 7 Article 6 (2) of the Addenda
 Articles 36-3 36- Framework Act on Telecommunications Radio Waves
Act Act on Promotion of Information and Communications Network Utilization and
Information Protection, etc. Framework Act on Informatization
Promotion




---



##### 



Article 21
  Article 65
 Articles 36-3 36- Framework Act on Telecommunications Radio Waves
Act Act on Promotion of Information and Communications Network Utilization and
Information Protection, etc. Framework Act on Informatization Promotion




---



##### 



Article 29 (Report, etc. of Standardized Use Contract)




---



##### 



Article 55
   Article 30 (Alteration, etc. of Standardized Use Contract)
 Article 37 of the
Framework Act on




---



##### 



Telecommunications
  Article 31
  Article 32 (Reduction or Exemption of Fees)
  Article 32-2 (Restriction on Use by Others)




---



##### 



Article 32-3
  Article 32-4 (Use of Transmission or Line Equipment, etc.)




---



##### 



Broadcasting Act
 Broadcasting Act Article 21
 Articles 33-5 37 38
 Article 25 (2) through (6) of the Framework Act on
Telecommunications
 Article 33 (Protection of Users)




---



##### 



Article 33-2
 Article 33-2 (Compensation for Damages)
 
 Article 33-3 (Procedure for Compensating Damages and Filing Application for Ruling)
 Article 33-2




---



##### 



Article 33-4 (Promotion of Competition)
 
 Article 33-5 (Provision of Telecommunications Facilities)




---



##### 



Article 33-6 (Joint Utilization of Subscribers Lines)




---



##### 



Article 33-7 (Joint Utilization of Radio Communications Facilities)




---



##### 



Article 34 (Interconnection)




---



##### 



Article 34-2 (Prices of Interconnection)
 Article 34
 Article
34
 Article 34-3 (Joint Use, etc. of Telecommunications Facilities)




---



##### 



Article 34-4 (Provision of Information)




---



##### 








---



##### 



Article 34-5 (Prohibition of Information Diversion)
  Article 34-4
 Article 34-6 (Report, etc. of Agreement on Interconnection, etc.)
 Article
33-5




---



##### 



Article 33-7 Articles 33-7 34 34-3 34-4
 Articles 33-5 33-7 34 34-3 34-4
  Articles 34-3 34-4 Article 34
 Article 35 (Application for Ruling, etc.)




---



##### 



Article 40-2 of the Framework Act on
Telecommunications Article 34-6
  
 Article 36 (Telecommunications Number, etc.)




---



##### 



Article 36-2 (Accounting Adjustment)




---



##### 



Article 36-3 (Prohibited Act)




---



##### 



Articles 37 37-2
 
 Article 36-4 (Prohibition, etc. of Support for the Cost of Purchasing Communications Terminal
Devices)




---



##### 



Article 11 12 of the Radio Waves Act




---



##### 








---



##### 



Article 36-5 (Investigation, etc. of Facts)
 Article 36-3




---



##### 



Article 37 (Measures on Prohibited Acts)
 Article 36-3




---



##### 



Article 37-2 (Imposition, etc. of Penalty Surcharge on Prohibited Acts)
 Article 36-3




---



##### 



Article 37-3 (Relations with Other Acts)
 Article 37 Article 37-2 Article 36-3




---



##### 



Monopoly Regulation and Fair Trade Act
 Article 38 (Compensation for Damages)
 Article 37
 Article 38-2 (Quality Improvement of Telecommunications Services)




---



##### 



Article 38-3 (Prior Selection Systems)




---



##### 



Article 38-4 (Mobility of Numbers)




---



##### 



Article 38-5 (Restrictions, etc. on Mutual Possession of Stocks)
 Article 34
 Article 34
 Article 38-6 (Provision of Number Guidance Service)




---



##### 



Article 39 (Use of Land, etc.)




---



##### 



Act on the Acquisition of Land, etc. for Public Works and the Compensation
therefor
  Article 40 (Temporary Use of Land, etc.)




---



##### 



Article 41 (Entry to Land, etc.)
  Article 40
 Article 42 (Request for Elimination of Obstacles, etc.)




---



##### 



Article 43 (Utilization of Transportation Facilities)
  Articles 40 44
 Article 44 (Obligation for Restoration to Original State)
 Articles 39 40




---



##### 



Article 45 (Compensation for Damages)
 Article 40 41 42
 Article 46 (Compensation for Actual Expenses)
 Article 43
 Article 33-3
 Article 47 (Procedures for Compensation for Damages on Land, etc.)
 Article 44 45 Article 40 41 42 44




---



##### 



Act on the Acquisition of Land, etc. for Public Works and the Compensation
therefor
 Act on
the Acquisition of Land, etc. for Public Works and the Compensation therefor
 Articles 48 and 49
  Article 50 (Protection of Telecommunications Facilities)
   Article 51 (Moving of Facilities, etc.)




---



##### 



Article 52 (Cooperation of Other Organizations, etc.)
   Article 53 (Prohibition, etc. on Illegal Communications)




---



##### 



Juvenile Protection Act




---



##### 



National Security Act
  Article 53-2




---



##### 



Article 53-2 (Information Communication Ethics Committee)




---



##### 



Article 54 (Protection of Communication Secrecy)




---



##### 








---



##### 








---



##### 



Article 54-2 (Notice of Transmitters Telephone Number)
  
 Article 55 (Restriction and Suspension of Business)




---



##### 



Article 56
  Articles 57 and 58
  Article 59 (Approval for International Telecommunications Services)




---



##### 



Article 59-2 (Transboundary Provision of Key Telecommunications Services)
  Articles 29 30 33 33-3 36-3 37 38 53 55 62 65
 Article 59




---



##### 



Article 60
  Article 61
  Article 62 (Report, etc. on Statistics)
  Article 6




---



##### 



Article 63 (Hearing)
  Article
15
 Article 28
 Article 59-2
 Article 64 (Imposition, etc. of Penalty Surcharge)




---



##### 



Article 15 Article 28
  Article 37-2
  Article 64-2 (Extension of Time Limit of Payment of Penalty Surcharge and Payment in Installments)
 Articles 37-2 64




---



##### 



Article 65 (Correction Orders, etc.)
  Framework Act on Telecommunications Radio Waves Act Act on Promotion of Information and Communications Network
Utilization and Information Protection, etc. Framework Act on Informatization
Promotion




---



##### 



Article 5




---



##### 



Article 19
 Article 21
 Articles 66 and 67
  Article 68 (Delegation and Entrustment of Authority)
  Article 21 Act on Promotion of
Information and Communications Network Utilization and Information Protection, etc.
  Article 69 (Penal Provisions)




---



##### 



Article 5
 Article 50
 Article 54
 Article 54
 Article 70 (Penal Provisions)
  Article 3
 Article
15




---



##### 



Article 19
 Article 36-3
 Article 37
 Article 40
 Article 54
 Article 71 (Penal Provisions)
  Article 10
 Articles 11 34-4
 Article 13 Article 13 14




---



##### 



Article 21
 Article
28
 Article 28
 Article 34-5
 Article 53 55
 Article 59
 Article 72 (Penal Provisions)
  Articles 6-3 7 Article 4 (4) of the Addenda Telecommunications Business Act




---



##### 



Article
22
 Article 25
 Article
28
 Article 29
 Article 32-2 Article 32-2
 Article 73 (Penal Provisions)
  Article 36-




---



##### 



Article 40
 Article 41
 Article 42 Article 42
 Article 43
   Article 74
  Article 75 (Penal Provisions)
 Article 50
 Article 76 (Attempted Criminal)




---



##### 



Article 69 Article 70
 Article 77 (Joint Penal Provisions)
 Articles 69 73
 Article 78 (Fine for Negligence)
  Article 6-3 Article 6-4
 Article 27




---



##### 



Article 30
 Article
33
 Article 34-4
 Article
36
 Article 36-2
 Article 36-2
 Article 36-5
 Article 38-2
 Article 54
 Article 54




---



##### 



Article 62
 Article 65
   Non-Contentious Case
Litigation Procedure Act
   Article 1 (Enforcement Date)




---



##### 



Article 2 (Transitional Measures concerning Public Communications Business Operator, etc.)
 Article 5
 Article 7 Framework Act on Telecommunications Article 4 Article 5 Article
4 Article 16
 Article 7 Framework Act on Telecommunications




---



##### 



Article 73-2 Article 21
  Article 3 (Transitional Measures concerning Entrusted Business)
 Article 5 Article 12 Article 20
 Article 4 (Transitional Measures concerning Authorization of Standard Form of Contract for Users,
etc.)
 Article 9 Article 29
 Article 5 (Transitional Measures concerning Disposition, etc.)




---



##### 



Articles 2 3
 Article 6 (Special Case on Ownership Limitation of Stocks, etc.)
 Article 6 Article 6
 Article 6 Article 6
 Article 18




---



##### 



Article 18
 Article 7
  Article 8 (Amendment of Other Acts, etc.)
   <Act No. 4439, Dec. 14, 1991>
 Article 1 (Enforcement Date)
  Articles 2 through 4




---



##### 



<Act No. 4441, Dec. 14, 1991>
 Article 1 (Enforcement Date)
  Articles 2 and 3
  <Act No. 4861, Jan. 5, 1995>
 Article 1 (Enforcement Date)
  Articles 2 through 5
  <Act No. 4903, Jan. 5, 1995>
 Article 1 (Enforcement Date)




---



##### 



Article 2 (Transitional Measures concerning License for Key Communications Business Operator, etc.)
 Article 5
 Article
21
 Article 3 (Special Case on Ownership Limitation of Stocks, etc.)
 Article 6
 Article 6
 Article 4 (Transitional Measures concerning Application of Penal Provisions)




---



##### 



Article 5 (Relations with Other Acts and Subordinate Statutes)
  <Act No. 5220, Dec. 30, 1996>
  Article 29
 <Act No. 5385, Aug. 28, 1997>
 Article 1 (Enforcement Date)




---



##### 



Article 2 (Valid Term)
 Article 6
 Article 3 (Special Cases concerning Application of Disqualifications for License of Key
Communications Business)
 Article 6 Article 6
  Article 4 (Special Cases concerning Acquisition of Stocks)
 Article 3 (1) of the Addenda




---



##### 



Articles 7 7-2
 Article 5 (Transitional Measures on Appointment of Part-time Directors)
  Article 6 (Special Cases on Application of Disqualifications for Specific Communications Business
Operators)
 Article 24




---



##### 



Article 7
 Article 7 (Special Cases on Transboundary Provision of Key Telecommunications Services)
 Article 4
 Article 8
  <Act No. 5564, Sep. 17, 1998>
 Article 5-2 Article 6 Articles 9 12 16 Articles 4 6 (1) 1 of
the Addenda Telecommunications Business Act
 <Act No. 5835, Feb. 8, 1999>
 Article 1 (Enforcement Date)




---



##### 



Articles 2 through 4
  <Act No. 5986, May 24, 1999>
   <Act No. 6230, Jan. 28, 2000>
  Monopoly Regulation and Fair Trade
Act Article 37-3 Article 36-3




---



##### 



<Act No. 6346, Jan. 8, 2001>
 Article 38-4 Article 54-2
  <Act No. 6360, Jan. 16, 2001>
 Article 1 (Enforcement Date)
  Articles 2 through 6
  <Act No. 6602, Jan. 14, 2002>




---



##### 



<Act No. 6656, Feb. 4, 2002>
 Article 1 (Enforcement Date)
  Articles 2 through 12
  <Act No. 6822, Dec. 26, 2002>
 Article 53 Article
53-2 Article 54 Article 71 Article 36-3
 Article 36-3
 Articles 34-6 37 37-2




---



##### 



Article 64
 <Act No. 7165, Feb. 9, 2004>
 Article 38-6
 Article 6-3
 Article 4 (1) of the Addenda Telecommunications Business Act Article 4 (1) of the
Addenda Telecommunications Business Act




---



##### 



<Act No. 7428, Mar. 31, 2005>
 Article 1 (Enforcement Date)
  Article 2 through 4
  Article 5 (Amendment of Other Acts, etc.)
 
 Article 6
  <Act No. 7445, Mar. 31, 2005>
  <Act No. 7796, Dec. 29, 2005>
 Article 1 (Enforcement Date)




---



##### 



Article 2 through 5
  Article 6 (Amendment of Other Acts, etc.)
    <Act No. 7916, Mar. 24, 2006>
 Article 1 (Enforcement Date)
  Article 2 (Valid Term)
  Article 3 (Special Case on Report of Supporting Standards)