|Nov 23, 2017|
|Nov 23, 2017|
Currency in KRW
|Full time employees:||23,575|
KT Corp. engages in the provision of integrated telecommunication services. It operates through the following business divisions: Mobile, Broadband Internet, Telephone, Wireless Broadband Internet and Internet Protocol Television (IPTV). The Mobile business division provides smart phone services, special tariff discount products, third-generation and WiBro network. The Broadband Internet business division offers supplementary services, customized products and supplies fiber to the home in housing market. The Telephone business division provides phone and internet bundling services, develops new business model. The WiBro business division offers distribution channels, terminals, laptop rental and package products. The IPTV business division provides free set top box rentals, hybrid products and satellite high definition channels. The company was founded on December 10, 1981 and is headquartered in Seongnam-si, South Korea.
KT is the largest telecommunications company in South Korea. It began life as Korea Telecommunications Authority, established in 1981. Since privatization in 2002, KT has expanded by absorbing mobile service provider KT Freetel and others. The South Korean National Pension Service is the largest shareholder in KT. KT engaged in the mobile phone service at its subsidiary. But it was forced to sell the subsidiary to SK group when it was privatized. The separated company, currently SK Telecom, is the top mobile carrier in South Korea.
KT Freetel is a subsidiary KT established after selling the mobile phone service subsidiary to SK group. KT Freetel currently offers telecom services under the Olleh brand and is one of the largest player in the South Korean market.
The company received capital subscriptions from major Japanese mobile carrier NTT Docomo in 2005. The companies cooperate in providing roaming services as well as on a technical level.
Hwang Chang-gyu, who was head of Samsung Electronics' semiconductor business, became the telecommunications company's chairman and CEO in 2014.
He implemented various reforms, such as reducing the number of sections and the number of administration staff and reinforcing overseas operations.
He has also decided to participate in plans to construct communications networks in African nations and introduce smart meters in Uzbekistan.
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- Local currency
- US Dollar
|Income before tax||1,127.02B|
|Dividends per share||800|
|Operating cash flow||4,770.75B|
Currency in KRW
|Income before tax||971.41M|
|Dividends per share||0.68|
|Operating cash flow||4,112.04M|
Currency in USD
- Chairman & Chief Executive Officer: Chang-Gyu Hwang
- President Director & Head-Mass: Heon-Moon Lim
- President, Director & Head-Management Support: Hyeon-Mo Ku
- Senior Managing Director & Head-Finance: Gwang-Seok Shin
- Managing Director & Head-AI Tech: Jin-Han Kim
- National Pension Service of Korea(11.2%)
- NTT DoCoMo, Inc.(8.6%)
- KT Corp.(6.1%)
- Eastspring Investments (Singapore) Ltd.(1.0%)
- APG Asset Management NV(0.9%)
- T. Rowe Price Associates, Inc.(0.9%)
- Samsung Asset Management Co., Ltd.(0.6%)
- KT Corp. Employee Stock Ownership Association(0.5%)
- T. Rowe Price Hong Kong Ltd.(0.5%)
- Mirae Asset Global Investments Co., Ltd.(0.5%)
- Website: http://www.kt.com
- Address: 90 Buljeong-ro, Bundang-gu, Seongnam-si, 13606, South Korea
- Phone: +82.31.727.0114
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