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SK Telecom drops tie-up plan with Sprint Nextel
SEOUL, Nov. 13 (Yonhap) -- South Korea's top mobile carrier SK Telecom Co. said Thursday it has scrapped a plan to forge a business tie-up with Sprint Nextel Corp. of the U.S. due to a worsening business environment.
SK Telecom, whose clients account for more than half of South Korea's 40 million mobile users, has been in talks with the No. 3 mobile firm in the U.S. over a possible business alliance agreement since late 2007.
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