hanarotelecom (HANAY) 6-K Live Filing

3Q06 Business Performance

1. 3Q06 business performance of hanarotelecom incorporated

(Unit : KRW million)

	3Q06		2Q06		QoQ			3Q05		YoY
						2,206					69,242
Revenue		430,949		428,743		(0.5	%)		361,707		(19.1	%)
						3,106					-4,424
Operating profit		10,602		7,496		(41.4	%)		15,026		(-29.4	%)
						-1,558					-2,620
Ordinary income		-17,770		-16,212	(loss continued)				-15,150	(loss continued)
						-1,558					-1,221
Net income		-17,770		-16,212	(loss continued)				-16,549	(loss continued)
						3,001					6,836
EBITDA		135,805		132,804		(2.3	%)		128,969		(5.3	%)

• Please note that 3Q06 figures are on an unconsolidated and unaudited basis and may be subject to change.

2. Financial highlights
- - The Company posted KRW 430.9 billion in revenues, KRW 135.8 billion in EBITDA and KRW 17.8 billion in net loss in 3Q06.
- - Revenues rose 0.5% quarter-on-quarter due to the revenue growth in voice and corporate business including leased line, despite a slight decrease in broadband revenues.
- - Operating profit rose by 41.4% quarter-on-quarter on the back of revenue growth, improved interconnection rates and reduced marketing expenses for existing businesses.
- - EBITDA increased by 2.3% from the previous quarter due to an increase in operating profit.

3. Conference Call for 3Q06 Earnings Results
- - Time : From 16:00 on November 8, 2006 (by Korean time)
- - Venue : Conference room at hanarotelecom’s head office, 17-7 Yeouido-dong, Youngdeungpo-gu, Seoul
- - Participants : Institutional investors, analysts and fund managers in and out of Korea
- - Others :

* Consecutive interpretation (Korean-English) was serviced during the conference call. (The audio file will be posted later on the Company’s website atwww.hanaro.com.)

* Presentation materials for the conference call were posted on the Company’s website in the morning of November 8, 2006 (by Korean time).