SK Telecom
In February 2008, Hanaro Telecom was acquired by local wireless giant SK Telecom for 1.09 trillion won ($1.2 billion). Its new name, SK Broadband, was adopted in September 2008. In 2015, SK Telecom bought all of SK Broadband's stocks in a stock swap deal, the deal was finalized on July 1, 2015, and SK Broadband became a wholly owned subsidiary of SK Telecom.