Article: Hanaro Telecom Announces Strong 2001 Third Quarter Results, with EBITDA advancing almost 80%.

Business Editors

SEOUL, South Korea--(BUSINESS WIRE)--Nov. 13, 2001

Hanaro Telecom, Inc. (KOSDAQ:33630) (NASDAQ:HANA) ("Hanaro" or "the Company"), one of Korea's largest broadband Internet access and local call service providers, today announced the results of its operations for the third quarter ended September 30, 2001. The results for the third quarter of 2001 are unaudited, unconsolidated, and prepared in accordance with generally accepted accounting principles in Korea.

3Q01 Highlights

 
-- Number of shares acquired: 7,601,869 common shares (32.18% of total 
outstanding shares of Dreamline) 
 
-- Acquisition price per share: KRW ...

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