June 24, 2008 / 4:40 AM / 12 years ago

Hanaro banned from signing customers for 40 days

SEOUL, June 24 (Reuters) - South Korea on Tuesday banned hanarotelecom inc 033630.KQ from taking new customers for its broadband service for 40 days after the company disclosed customer information to telemarketing firms.

Some former and current executives at hanarotelecom, the country’s No. 2 broadband provider, have been questioned by police in relation to the disclosure of data on about 6 million customers to telemarketing firms from 2006 to end-2007.

The Korea Communications Commission also fined hanarotelecom 148 million won ($143,100) for registering its customers as members for the company’s portal service without permission. ($1=1034.0 Won) (Reporting by Rhee So-eui; Editing by Keiron Henderson)

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