KT Corporation, also known as Korea Telecom, is a publicly owned South Korean telecommunications company founded in 1981. Headquartered in South Korea, it employs approximately 6,580 people. As of 2023, KT's annual revenue exceeded $1 billion. The company is the second-largest wireless carrier in South Korea and offers pay TV services as a main product.

2023 Revenue

Founded

1981

Headcount

6,577

Headquarters

South Korea

Primary Segment

Pay TV services

Ownership

Publicly Owned

News Summary:

KT announced on March 19, 2024, plans to adopt eco-friendly bobbins for fiber optic cables starting in April 2024. KT also announced the opening of job positions for its newly established AI transformation (AX) Delivery Specialist Centre, covering twelve fields. The company is hiring core personnel for this center. In 2024, KT received an iF Design Award for its Wi-Fi router. Additionally, KT and Samsung signed a memorandum of understanding this month to conduct joint research and development on communications technologies to improve 6G signal quality. This collaboration will focus on multi-antenna technologies and AI integration in wireless communications. Finally, KT signed a strategic partnership with Palantir, becoming the first South Korean company to join Palantir's Worldwide Partner Ecosystem.

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KT (Korea Telecom) offers 7 products in the media and telecoms services industry. KT (Korea Telecom)'s product portfolio comprises of broadcast television and radio and pay TV services.
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KT (Korea Telecom)'s revenues were $20.2B in 2023. Caretta Research has split KT (Korea Telecom)'s revenue into 2 different product categories, the largest of which is pay TV, which represents 74% of KT (Korea Telecom)'s revenue.
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Examples of KT (Korea Telecom)'s suppliers include Google, Ciena and Amdocs.

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KT (Korea Telecom) currently holds broadcasting rights for sports competitions including baseball.

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