Baron Funds Comments on KT Skylife Co. Ltd.

Nov 26, 2013

Shares of KT Skylife Co. Ltd. (XKRX:053210, Financial) declined in the third quarter. The company is South Korea's largest satellite TV provider with over four million subscribers. Performance during the third quarter was largely attributable to a slowdown in subscriber growth. We retain conviction in the company due to the long-term growth opportunity in home shopping commissions and industry consolidation. (Anuj Aggarwal)

From Ron Baron's Baron Funds third quarter 2013 commentary.

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