Overview

• KT’s net profit for the second quarter hit 733.3 billion won, up 78.6 percent year-on-year, while operating profit more than doubled to 1.01 trillion won on revenue growth of 13.5 percent to 7.42 trillion won.
• The mobile unit saw sales rise 1.6 percent as 5G subscriptions expanded to represent 79.5 percent of its total mobile user base.
• Fixed-line and IPTV services contributed to steady demand, with fixed-line sales up 1.4 percent and IPTV subscribers growing to 9.49 million.
• Diversification boosted results as KT Estate’s revenue climbed 2 percent on Eastpole redevelopment gains and KT Cloud logged a 23 percent increase from data center and AI service sales.
• The carrier will accelerate its AICT transformation by deepening its partnership with Palantir to launch new AI-driven telecom and ICT solutions.