In the third quarter of 2005, the investment of top six Korean carriers totaled 1,434 billion won, in which KT accounted for 495 billion; SKT for 482 billion; KTF, 247 billion; LGT, 103 billion; Hanaro Telecom, 82 billion, and Dacom, 25 billion. Total investment recorded 40% sequential growth and 10% year-on-year growth. In addition to investment in emerging technologies such as WCDMA (Wideband Code-Division Multiple Access), WiBro (Wireless Broadband), and BcN (Broadband Convergence Network), they have been devoted to enhancing the quality of high speed networks.