Hanarotelecom(033630): Rapidly improving subscriber value
- Company update
- We maintain our TP of KRW10,050 and BUY recommendation
> HanaTV subscriber base has been growing at about 63.5% per month since the start of the services on July 24th this year.
> We are very upbeat with the company¡®s strategy to preoccupy the fast-growing IPTV market.
> Hanaro is expected to begin full-fledged bundling services from next year.
> 2007 will be the year of turnaround for Hanaro. |
|