USX:KT - KT Corp KT Corporation
Sector: Communication Services, Industry: Integrated Telecommunication Services
Next Earnings: 14 May 2024
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USD 14.16    -0.15 (-1.05%)

27 Mar 2024


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General

CEO: Mr. Kook-Hyun Kang

IPO: 1999-05-26

Headquarters: US

Employees: 0

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Description

KT is South Korea's largest fixed-line telecom operator, with around 9.0 million fixed-line broadband customers and 9.4 million IPTV customers, and is the second-largest wireless operator with 25 million subscribers. Additionally, it has a number of nontelecom businesses, including real estate, payment processing, artificial intelligence, and IDC/cloud services, many of which are the focus of its growth strategy. The company was formed from the previously government-owned, monopoly telecom business and was listed in 1998. After selling its mobile business in 1994 (forming its mobile competitor, SK Telecom) KT created its own mobile operator in 1997.

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