Report of a Foreign Private Issuer — Form 6-K
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 6-K Hanaro Telcom 4 16K
2: EX-99.1 Press Release Dated Dec. 16, 2002 1 5K
3: EX-99.2 Press Release Dated Nov 29, 2002 4 14K
4: EX-99.3 Press Release Dated Nov. 27, 2002 1 6K
5: EX-99.4 Third Quarter 2002 Earnings Conference Call 1 7K
6: EX-99.5 Press Release Dated Nov 1, 2002 1 8K
EX-99.4 — Third Quarter 2002 Earnings Conference Call
EX-99.4 | TOC | ↑Top | Previous | Next | ↓Bottom | Just 1st |
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EXHIBIT 99.4
[English Translation]
11/14/2002
THIRD QUARTER 2002 EARNINGS CONFERENCE CALL
Hanaro Telecom, Inc. ('the Company' or 'Hanaro') held an earnings conference
call for the third quarter 2002 on November 14, 2002, at 5:00 PM. The following
is the Q&A session with the conference call participants:
- Revenues & Operating Costs
Q: What are the reasons why the Company saw a decrease in voice revenue while
the subscriber numbers increased?
A: We have seen a growth in revenues from our services to residential
customers as subscriber numbers increased. However, on the corporate side, which
accounts for a big portion of the total voice revenue pie, we experienced a
decrease, attributable to some seasonal factors.
Q: What drove a substantial decrease in your customer acquisition and
installation commissions?
A: Customer acquisition and installation commissions are one-time expenses. A
decrease in growth of new subscribers in the third quarter led to a decrease in
the commissions.
- New Business
Q: What are your counter measures to KT's new VDSL services?
A: We are currently in the process of preparing for VDSL services, offering
pilot services to some limited regions. Our goal is to differentiate our VDSL
services from KT's while minimizing additional CAPEX.
Q: What is your churn rate?
A: Our churn rate is around 1% on average. However, in some regions we're
looking at about 3% attributable to KT's aggressive marketing.
Q: What are your strategies concerning number portability?
A: Despite our continued efforts, number portability was adopted recently and
will become effective in only some regional cities from 2003 and finally in
Seoul from 2004. Therefore, we expect that it would not bring an immediate
contribution to our profitability, although we assume that it would help
increase our market share in the voice market as it gets activated in major
areas.
The recorded conference call will be posted within 4 days on Hanaro's website at
www.hanaro.com.
Dates Referenced Herein and Documents Incorporated by Reference
This ‘6-K’ Filing | | Date | | Other Filings |
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| | |
Filed on / For Period End: | | 1/7/03 | | 6-K |
| | 11/14/02 |
| List all Filings |
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