Hanarotelecom Inc – ‘6-K’ for 1/7/03

On:  Tuesday, 1/7/03, at 9:52am ET   ·   For:  1/7/03   ·   Accession #:  1145549-3-18   ·   File #:  1-15012

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Report of a Foreign Private Issuer   —   Form 6-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 6-K         Hanaro Telecom, Inc.                                   4      9K 
 2: EX-99.1     Open Interest Balance of Derivatives                   1      9K 

6-K   —   Hanaro Telecom, Inc.

6-K
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================================================================================

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of
 the Securities Exchange Act of 1934

 For the month of January 2003

HANARO TELECOM, INC.
(Name of the Registrant)

Kukje Electronics Center Bldg., 24th Floor
 Seocho-dong 1445-3, Seocho-ku
Seoul, Korea 137-728
(Address of Principal Executive Offices)

  (Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)                                 

Form 20-F   X                   Form 40-F       
         -----                           -----

(Indicate by check mark whether the registrant by furnishing the      
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of  
1934.)                                                                          

Yes                         No   X      
-----                      -----

================================================================================

6-K
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     Hanaro Telecom, Inc. (the "Company") is furnishing under cover of Form 6-K,
a fair and accurate English language translation of:                            

                                                                [Download Table]
                                                                           
Exhibit 99.1:  a notice of open interest balance of derivatives relating to
               the termination of the forward contract entered into by the 
               Company on July 2, 2002 and the resulting loss of Won       
               1,544,500,000, filed with the Korea Securities Dealers      
               Association Automated Quotation Market and the Financial    
               Supervisory Commission of Korea on January 6, 2003.         

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SIGNATURES

 Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf  
by the undersigned, thereunto duly authorized.                                  

                      HANARO TELECOM, INC.

Date: January 7, 2003                    By:     /s/ Kyu June Hwang             
                                             -----------------------------------
                               Name:  Kyu June Hwang
                                  Title: Managing Director

6-K
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 EXHIBIT INDEX

                                                                [Download Table]

Exhibit           Description                                                 
-------           -----------                                                 
                                                                              
99.1:             a notice of open interest balance of derivatives relating to
                  the termination of the forward contract entered into by the 
                  Company on July 2, 2002 and the resulting loss of Won       
                  1,544,500,000, filed with the Korea Securities Dealers      
                  Association Automated Quotation Market and the Financial    
                  Supervisory Commission of Korea on January 6, 2003.         

Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘6-K’ Filing		Date		First		Last			Other Filings
Filed on / For Period End:		1/7/03		3					6-K
		1/6/03		2		4
		7/2/02		2		4
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