S. Korean Telecoms Post Sluggish Q3 Earnings on 5G Spending
SEOUL, Nov. 9 (Korea Bizwire) — South Korea’s three mobile carriers posted lackluster profits in the third quarter with heavy spending on 5G networks, but they are set to rebound in the fourth quarter, analysts said Saturday. SK Telecom Co., KT Corp. and LG Uplus Corp. booked increased sales in the July-September period from a [...]