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Freetel (wireless carrier) founded.
*1997: Status changed from organization which has +50% state funding to one with a state funding of smaller scale (below 50%).
*October 1, 1997: The new Public Corporation Business Structure Improvement & Privatization Act applied to KT (no longer exempted owing to the change in company status).
*1998: Headquarters relocated from Jongno-gu, Seoul, to Bundang-gu, Gyeonggi Province.

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