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SK Communications was created when parent SK Telecom merged the recently acquired Lycos Korea with its cable Internet unit NetsGo in 2002. [5] NetsGo is the developer of Nate, a popular web portal in the Korean market. Lycos Korea had trouble differentiating itself from competition.
@Home Network was a high-speed cable Internet service provider from 1996 to 2002. It was founded by Milo Medin, cable companies Tele-Communications Inc. (TCI), Comcast, and Cox Communications, and William Randolph Hearst III, who was their first CEO, as a joint venture to produce high-speed cable Internet service through two-way television cable infrastructure.
Nate (Korean: 네이트) is a South Korean web portal developed by SK Communications. In 2003, Nate acquired social media site Cyworld and in 2004, it achieved first place in local page views with a total of 3.8 million, surpassing rival Daum for the first time.
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SK Telecom also provides online multiplatform entertainment, business and financial services: MelOn: Introduced in November 2004, MelOn is SK Telecom's music e-store, which allows users to download or stream music over the internet. Music can be played on mobile phones, digital audio players, portable media players and digital cameras.
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