SK Communications (
Hangul: SK커뮤니케이션즈 or
에스케이커뮤니케이션즈) is a
South Korean tech company that owns and operates popular web portal
Nate. It offers Internet access and telecommunications services for residences and businesses. SK Communications was founded in 1999 as Lycos Korea, a 50-50 venture of
Lycos of the United States and Mirae Corp. of South Korea. The firm was sold to
SK Telecom in 2002 and changed its name to SK Communications. SK Telecom currently holds 85.9 percent of its shares.