GSMA Presents 2013 Chairman's Award To KT And SK Telecom

"We believe that NFC technology will definitely enrich our customers' lives, providing a convenient means for making financial transactions and secure exchange of informationwhile playing a critical role in enabling equitable access to secure mobile banking and mobile money transfer services to developing countries," said Suk-chae Lee, Chairman and CEO of KT Corp. "This award is a great recognition ofKT's endeavorin the worldwide adoption of a single standard of NFC payment from the early time, when it led GSMA's Pay-Buy-Mobile Project and successfully demonstrated the world first NFC-based global payment service in 2007. KT will continue to drive innovations in NFC-based services and contribute to broadening of the global NFC eco-system."

Sung Min Ha, President and CEO of SK Telecom said, "It is truly a great honour to receive the GSMA Chairman's Award, as it recognizes SK Telecom's continuing commitment and efforts to enrich people's lives through innovative technologies and services. SK Telecom will continue to work closely with the GSMA and actively participate in its initiatives and programmes, while making redoubled efforts to become one of the most influential companies in the world by introducing cutting-edge ICT that provide customers with greater value and convenience."

About the GSMA

The GSMA represents the interests of mobile operators worldwide.Spanning more than 220 countries, the GSMA unites nearly 800 of the world's mobile operators with more than 230 companies in the broader mobile ecosystem, including handset makers, software companies, equipment providers and Internet companies, as well as organisations in industry sectors such as financial services, healthcare, media, transport and utilities. The GSMA also produces industry-leading events such as the Mobile World Congress and Mobile Asia Expo.

For more information, please visit the GSMA corporate website at www.gsma.com or Mobile World Live, the online portal for the mobile communications industry, at www.mobileworldlive.com

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