KT Corporation (NYSE: KT) is South Korea's largest integrated telecom and digital platform service provider. Founded in 1981 as Korea Telecommunications Authority, KT was privatized in 2002 and has since expanded its operations beyond traditional telecommunications services.
KT offers a wide range of products and services including:
Mobile voice and data services based on 5G, 4G LTE and 3G technologies
Fixed-line telephone and broadband internet services
IPTV and satellite TV
Cloud computing and data center services
Artificial intelligence and Big Data analytics
internet of Things (IoT) solutions
Digital financial services
KT has been at the forefront of South Korea's telecommunications advancements, playing a key role in the country's 5G rollout. As of June 2023, over 40% of KT's mobile users were on 5G networks. The company has invested heavily in artificial intelligence, pledging to invest KRW 7 trillion (USD 5.3 billion) in AI research and development by 2027. KT aims to leverage its AI capabilities across its media and content businesses, including content production and personalized TV services. The company is also exploring international expansion opportunities, particularly in spreading Korean pop culture content globally through partnerships and content remakes.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.