UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM F-X

           APPOINTMENT OF AGENT FOR SERVICE OF PROCESS AND UNDERTAKING


A.   Name of issuer or person filing ("Filer"): HANAROTELECOM INCORPORATED

B.   This is [check one]

     [X]   an original filing for the Filer

     [_]   an amended filing for the Filer

C.   Identify the filing in conjunction with which this Form is being filed:

     Name of registrant:  HANAROTELECOM INCORPORATED

     Form type:  FORM CB

     File Number (if known):  NOT AVAILABLE

     Filed by:  HANAROTELECOM INCORPORATED

     Date Filed
     (if filed concurrently, so indicate):  OCTOBER 7, 2005
                                           (CONCURRENTLY WITH FORM CB)

D.   The Filer is incorporated or organized under the laws of
     THE REPUBLIC OF KOREA,

     and has its principal place of business at

     TAE-PYUNG-RO 2-43, CHUNG-KU
     SEOUL 100-733, KOREA
     TELEPHONE: +82-2-6266-5500

E.   The Filer designates and appoints CT Corporation System, ("Agent"),
     located at:

     111 EIGHTH AVENUE
     NEW YORK, NY  10011
     TELEPHONE: 212-894-8940

as the agent of the Filer upon whom may be served any process, pleadings,
subpoenas, or other papers in



                                                                              2


     (a)  any investigation or administrative proceeding conducted by the U.S.
          Securities and Exchange Commission ("Commission"); and

     (b)  any civil suit or action brought against the Filer or to which the
          Filer has been joined as defendant or respondent, in any appropriate
          court in any place subject to the jurisdiction of any state or of the
          United States, or any of its territories or possessions or of the
          District of Columbia, where the investigation, proceeding or cause of
          action arises out of or relates to or concerns any offering made or
          purported to be made with respect to which the Filer has filed the
          Form CB with the Commission. The Filer stipulates and agrees that any
          such civil suit or action or administrative proceeding may be
          commenced by the service of process upon, and that service of an
          administrative subpoena shall be effected by service upon such agent
          for service of process, and that service as aforesaid shall be taken
          and held in all courts and administrative tribunals to be valid and
          binding as if personal service thereof had been made.

F.   The Filer stipulates and agrees to appoint a successor agent for service of
     process and file an amended Form F-X if the Filer discharges the Agent or
     the Agent is unwilling or unable to accept service on behalf of the Filer
     at any time until six years have elapsed from the date of the latest
     amendment to the Filer's Form CB. The Filer further undertakes to advise
     the Commission promptly of any change to the Agent's name or address during
     the applicable period by amendment of this Form, referencing the file
     number of the relevant form in conjunction with which the amendment is
     being filed.

G.   The Filer undertakes to make available, in person or by telephone,
     representatives to respond to inquiries made by the Commission staff, and
     to furnish promptly, when requested to do so by the Commission staff,
     information relating to the Form CB, the securities to which the Form CB
     relates; and the transactions in such securities.






         The Filer certifies that it has duly caused this power of attorney,
consent, stipulation and agreement to be signed on its behalf by the
undersigned, thereunto duly authorized, in Seoul, Korea on this 7th day of
October, 2005.

Filer:                                  HANAROTELECOM INCORPORATED


                                        By:  /s/ Janice Lee
                                             -------------------------------
                                             Name:  Janice Lee
                                             Title: Chief Financial Officer






         This statement has been signed by the following persons in the
capacities and on the dates indicated.

                                        CT Corporation System
                                        as Agent for Service of Process for
                                        hanarotelecom incorporated


                                        By: /s/ Yadira H. Garcia
                                            ------------------------------
                                            Name:  Yadira H. Garcia
                                            Title: Customer Specialist

                                        Date:  October 7, 2005