[Concall] KT, "Wireless Service Revenue 4% Guidance Valid"

[Asia Economy Reporter Eunmo Koo] Kim Young-jin, Chief Financial Officer (CFO) of KT, responded to a question about the wireless service revenue guidance during the Q1 2021 earnings conference call held on the afternoon of the 11th. Kim CFO stated, “The 4% guidance for wireless service revenue is still valid,” adding, “As 5G becomes widespread, the proportion of high Average Revenue Per User (ARPU) subscribers is increasing, and we plan to discover additional revenue through various value-added services, aiming to achieve the annual revenue guidance of 4%.”

Regarding a question about whether the increase in dividend payout ratio is still valid, he said, “The shareholder return policy announced in May 2020 as part of the mid-to-long-term financial guidance is a promise to investors, and we will continue to uphold it.”

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