SEOUL, May 11 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Thursday its first-quarter net profit declined 32 percent from a year earlier due to a base effect. KT’s net income amounted to 309.6 billion won (US$234.2 million) on a consolidated basis in the first three months of the year, down [...]
SEOUL, May 5 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, announced that it is using telematics technology to prevent network disruptions that may occur due to excavation work. In the latter half of this year, the telecom operator will connect its outside plant (OSP) management system with the telematics platforms of [...]
GWANGJU, Feb. 16 (Korea Bizwire) — KT Corp., a South Korean telecom giant, said Wednesday that the positive effects of a welfare service using artificial intelligence (AI) technology had been proved for the first time in the country. A research team from Chonnam National University conducted a complete enumeration survey of 212 people using KT [...]
SEOUL, Feb. 9 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Thursday its net profit declined last year from a year earlier due to a higher base effect. KT’s net income amounted to 1.38 trillion won (US$1.1 billion) on a consolidated basis in 2022, down 4.9 percent from the previous year’s [...]
SEOUL, Dec. 14 (Korea Bizwire) — Retailer Shinsegae Group and local telecom giant KT Corp. said Wednesday they will work together in the digital transformation of shopping, logistics and land development. Shinsegae and KT signed a partnership deal earlier in the day to join hands in five sectors: customer management, logistics, land development, online shopping [...]
SEOUL, Nov. 11 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, said Thursday it will make a US$2 million strategic investment in U.S.-based digital medicine company Sonde Health Inc. Sonde Health has developed vocal biomarker technology that can analyze subtle signs of changes in the voice — the volume, pitch or difference [...]
SEOUL, Nov. 8 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Tuesday its third-quarter net profit fell 3.4 percent from a year earlier due to an increase in operating expenses. KT’s net income amounted to 326.2 billion won (US$235.5 million) on a consolidated basis in the July-September period, compared with 337.7 [...]
SEOUL, Oct. 26 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, said Tuesday it will operate a self-driving smart robot chair for three weeks on a trial basis at the Dongdaemun Design Plaza (DDP) in collaboration with the Seoul Design Foundation. Visitors can ride on the robot chair to take a look [...]
SEOUL, Oct. 4 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, said Tuesday it will expand its internet protocol television (IPTV) service to a content media platform that enables viewers to access a greater variety of content from online streamers like Netflix. The new service, Genie TV, renamed from Olleh tv, will [...]
SEOUL, Sept. 23 (Korea Bizwire) — KT Corp., South Koreas No. 2 wireless carrier, said Friday it has signed a partnership agreement with the Vector Institute, a Canadian nonprofit artificial intelligence (AI) research institution, for joint AI-related research and projects. Under the agreement, KT and the institute will work together in pursuing joint AI research, [...]