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.

2024 Revenue

Founded

1981

Headcount

6,577

Headquarters

South Korea

Primary Segment

Telecoms services

Ownership

Publicly Owned

News Summary:

KT strengthened its business-to-business security services using artificial intelligence and big data on an unspecified date. These services, including Clean Zone and AI Email Security, function as Security-as-a-Service solutions. On May 9, 2024, KT Corp. reported a 44.2 percent increase in net income during the first quarter of 2024 compared to the same period in 2023. This increase followed solid growth in core businesses. In a separate report, KT Corp. announced a 36 percent year-on-year increase in first-quarter operating profit to 688.8 billion won ($513.3 million) in 2024, attributing the increase to workforce restructuring. Revenue increased by 2.9 percent to 6.85 trillion won ($5.1 billion), and net income rose by 44.2 percent to 566.8 billion won ($422.4 million). KT Corp. also filed its 2024 annual report on Form 20-F on an unspecified date.

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KT (Korea Telecom) offers 11 products in the telecoms tech, connectivity and cloud and media and telecoms services industries. KT (Korea Telecom)'s product portfolio comprises of consumer electronics, media and TV services, enterprise and telecoms software, telecoms services and enterprise connectivity services.
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KT (Korea Telecom)'s revenues were $19.4B in 2024. Caretta Research has split KT (Korea Telecom)'s revenue into 9 different product categories, the largest of which is mobile services, which represents 29% of KT (Korea Telecom)'s revenue.
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Examples of KT (Korea Telecom)'s suppliers include Amdocs, Google and Ciena.

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

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