[Concall] KT Leads Stabilization of Landline Phone Sales with Slowing Decline in Home Phone Revenue
[Asia Economy Reporter Eunmo Koo] Kim Young-jin, KT Chief Financial Officer (CFO), explained during the 2021 Q1 earnings conference call held on the afternoon of the 11th that the reason for the significant reduction in the decline of wired telephone sales was, "First, the increase in corporate internet phone subscribers led to higher sales related to the corporate promotion network; second, the decline in home telephone sales has slowed; and finally, through securing sales of fixed-rate products related to home telephones, the sales decline has stabilized."
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