「TELECOMMUNICATIONS BUSINESS ACT」 Article 18 (Acquisition of Business and Merger of Corporations) (1) Any of the following persons shall obtain authorization from the Minister of Science and ICT as prescribed by Presidential Decree: Provided, That where the sales of the facilities-based telecommunications business of a person specified in subparagraph 1 for the preceding year are less than an amount prescribed by Presidential Decree; where the telecommunications service sales of any facilities-based telecommunications business operator specified in subparagraphs 2 through 6 for the preceding year are less than an amount prescribed by Presidential Decree; or where a person sells telecommunications line equipment, except major telecommunications line equipment prescribed by Presidential Decree, notwithstanding subparagraph 3, a report thereon shall be filed with the Minister of Science and ICT as prescribed by Presidential Decree: <Amended on Mar. 23, 2013; Jul. 26, 2017; Dec. 24, 2018; Jun. 10, 2022> 1. A person who intends to fully or partially acquire a facilities-based telecommunications business; 2. A person who intends to conduct a merger, division (limited to where the facilitiesbased telecommunications business is transferred following a division; hereafter in this Article and subparagraph 3 of Article 96, the same shall apply), or a merger after division (limited to where a divided corporate facilities-based telecommunications business operator is merged; hereafter in this Article and subparagraph 3 of Article 96, the same shall apply) of a corporate facilities-based telecommunications business operator; 3. A facilities-based telecommunications business operator who intends to sell the telecommunications line equipment necessary for providing registered facilities-based telecommunications services; 4. A person who intends to hold at least 15/100 of the total number of the issued shares of a facilities-based telecommunications business operator, or to become the largest shareholder of a facilities-based telecommunications business operator, including those shares held by affiliated persons; 5. A person who intends to acquire shares of a facilities-based telecommunications business operator or conclude an agreement with a facilities-based telecommunications business operator with the intent to exercise dominant influence over the right of the facilities-based telecommunications business operator to manage the business, as prescribed by Presidential Decree; 법제처 16 국가법령정보센 터