KT CEO Koo Hyun-mo: "The Core of Post-Corona is ICT Capability"

[Asia Economy Reporter Seulgina Jo] KT CEO Koo Hyun-mo discussed ICT issues with Mats Granryd, Secretary General of the Global System for Mobile Communications Association (GSMA), highlighting ICT capabilities as the core of the post-COVID-19 era.

According to KT on the 21st, CEO Koo stated this during a conference call with Secretary General Granryd on the 19th. This conference call marked the first communication between CEO Koo and GSMA. Originally, CEO Koo was scheduled to attend the Mobile World Congress (MWC) in Barcelona hosted by GSMA in February, but it was canceled due to the impact of the novel coronavirus disease (COVID-19).

During the conference call, CEO Koo and Secretary General Mats exchanged views on breakthroughs and new opportunities to overcome the ICT industry's crisis amid the global economic contraction caused by COVID-19 and increasing uncertainties about future prospects.

CEO Koo explained that Korea's government '3T' strategy based on ICT?▲ Testing ▲ Tracing ▲ Treatment?is a key factor in the successful response to COVID-19. He also introduced the achievements of the Government Epidemic Prevention Platform (GEPP), which KT developed in cooperation with the government, and requested global cooperation for ICT-based epidemic prevention research currently being promoted in partnership with the Bill & Melinda Gates Foundation since May this year.

Furthermore, he emphasized that ICT capabilities are the core of the post-COVID-19 era and that the telecommunications industry can play a significant role. He explained that the ICT infrastructure and technological capabilities built by the telecommunications industry can lead the digital transformation of other industries. The core of this digital transformation is 5G, and KT is leading efforts to discover successful cases through collaboration with major domestic companies such as Hyundai Heavy Industries.

CEO Koo Hyun-mo stated, "KT is conducting its business with a new vision to ‘lead changes in customers’ lives and innovation in other industries to contribute to the development of the Republic of Korea.’ We will play a decisive role in overcoming the limitations of traditional industries by further expanding 5G- and AI-based B2B digital innovation cases through domestic and global partnerships."

Secretary General Mats said, "KT has been a long-standing member and partner of GSMA, and CEO Koo’s role is important. We deeply appreciate KT’s innovation in ICT services demonstrated across various fields."

This content was produced with the assistance of AI translation services.