Profile: KT Corp (KT)
17 Nov 2017
KT Corporation, incorporated on December 10, 1981, is a telecommunications service provider. The Company's segments include the Customer/Marketing Group, the Finance Business Group and the Others Group. The Customer/Marketing Group segment is engaged in providing various telecommunication services to individual/home/corporate customers and the convergence business. The Finance Business Group segment is engaged in providing various financial services, such as credit card. The Others Group segment includes security services, satellite service, information technology and network services, and satellite television services, as well as global business services, which provide global network services to multinational or domestic corporate customers and telecommunications companies. Its services include mobile voice and data telecommunications services; fixed-line services, and credit card processing and other financial services. It also offers various other services, including satellite service (through KT Sat Co., Ltd.) and information technology, real estate business (through KT Estate Inc.), media contents business and network services, such as cloud computing services.
The Company provides mobile services based on wideband code-division multiple access (W-CDMA) technology and long term evolution (LTE) technology. The Company offers high-speed downlink packet access (HSDPA)-based International Mobile Telecommunications-2000 (IMT-2000) services, which are third-generation, high-capacity wireless Internet and video multimedia communications services based on W-CDMA wireless network standards. The Company markets its mobile services primarily through independent exclusive dealers located throughout Korea.
The Company provides a range of fixed-line communication services, which include telephone services, including local, domestic long-distance and international long-distance fixed-line and voice over Internet protocol (VoIP) telephone services, and interconnection services to other telecommunications companies; broadband Internet access service and other Internet-related services, including Internet Protocol Television (IPTV) services, and data communication service, including leased line service and broadband Internet connection service to institutional customers. The Company's telephone network includes exchanges, long-distance transmission equipment and fiber optic and copper cables. It operates approximately 10 data centers located throughout Korea and provides a range of computing services to companies, which need servers, storage and leased lines. Data centers are facilities used to house, protect and maintain network server computers that store and deliver Internet and other network content, such as Web pages, applications and data.
The Company's data centers offer network outsourcing services, server operation services and system support services. The Company's network outsourcing services include co-location, which is the installation of its customers' network equipment at its data centers. Its server operation services include optimal server management service and technical support service the Company provides with respect to the leased servers that are linked directly to its Internet backbone switch. It also leases servers and network equipment for a fixed monthly fee. Its system support services include providing system resources for a range of Internet computing services, such as application transfer, network storage, video streaming and application download, as well as sending short text messages and messages containing multimedia objects, such as images, audio and video.
The Company offers a service called Bizmeka to develop and commercialize business-to-business solutions targeting small and medium-sized business enterprises in Korea. Bizmeka is an applied application service provider, which provides business solutions, including integrated business administration solutions and intranet collaboration solutions. It also offers high definition video-on-demand and real-time broadcasting IPTV services under the brand name olleh TV, and offers ultra-high-definition (UHD) IPTV services. The Company provides broadband Internet connection service to institutional customers under the Kornet brand name.
The Company owns an interest in BC Card Co., Ltd. BC Card Co., Ltd. is engaged in providing various credit card and related financial services.
The Company engages in various business activities, such as satellite services, information technology and network services, satellite television services and media contents business. The Company provides transponder leasing, broadcasting, video distribution and data communications services through Koreasat 5, Koreasat 6 (also known as olleh 1) and Koreasat 8 (also known as ABS-2). It also leases satellite capacity from other satellite operators to offer satellite services to both domestic and international customers. The Company offers a range of integrated information technology and network services to its business customers. Its range of services includes consulting, designing, building and maintaining systems and communication networks to its customers in the public and private sectors. It owns land and real estate in various locations across the nation.
The Company competes with SK Telecom Co., Ltd., LG U+, Sejong Telecom, Inc., CJ HelloVision Co., Ltd. and SK Telink, Inc.
90, Buljeong-ro, Bundang-gu