KT considers wireless merger

Who: Korea Telecom

Vitals: Korea's incumbent telco, founded in 1981, privatized earlier this decade. KT has about 37,000 employees.

Why you should care: After mobile competitor SK Telecom announced plans to acquire broadband carrier Hanarotelecom, KT's CEO has acknowledged the incumbent wireline firm is considering merging with its mobile spin-off KT Freetel. KT has been aggressively investing in Mobile WiMAX-like WiBro, so if KT brings in a mobile unit, the deal could pose an interesting challenge for KT in determining what roles different forms of mobile broadband should play.

For more:
- read this story in The Wall Street Journal
- or this report in The Korea Times