[KT Concall] "5G Business Has Uncertainties, Will Compete in Services"
[Asia Economy Reporter Koo Chae-eun] On the 6th, KT stated in a conference call, "In 2020, we will refrain from cost- and rate-centered marketing competition and strive to improve both growth and profitability."
Hot Picks Today
About 100 Trillion Won at Stake... "Samsung Strike Is an Unprecedented Opportunity" as Prices Surge 20% [Taiwan Chip Column]
- "Heading for 2 Million Won": The Company the Securities Industry Says Not to Doubt [Weekend Money]
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
- "Anyone Who Visited the Room Salon, Come Forward"… Gangnam Police Station Launches Full Staff Investigation After New Scandal
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
KT specifically mentioned, "While the 5G business is internally planned with various possibilities, uncertainties remain in market conditions, devices, and B2B sectors," adding, "We will focus on rate-centered competition to improve profitability and engage in service-centered competition." They also added, "At the group level, we will adjust the business portfolio to secure new growth momentum and strengthen competitiveness."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.