Korea Thrunet Co, Ltd.
is a Seoul
-based Korean telecommunications
company, one of the largest providers of high-speed broadband internet
access in South Korea
. The company is one of the largest telephone companies in South Korea, one of only two companies licensed to provide local telephone
access. A division of the company known as MultiPlus controls a large portion of the South Korean internet
market. Korea Thrunet tried unsuccessfully to merge with Hanaro Telecom, Inc.
, but then was acquired by Hanaro Telecom in 2005