KT Invests 130 Billion KRW in Megazone Cloud
[Asia Economy Reporter Minyoung Cha] KT announced on the 16th that it will invest 130 billion KRW in Megazone Cloud, the No.1 cloud management company in Korea.
KT will invest by participating in the paid-in capital increase conducted by Megazone Cloud. This is the first time KT has invested over 100 billion KRW since the internet-only bank K-Bank.
This investment aims to strengthen the cloud business sector and enhance capabilities as a digital platform company.
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Megazone Cloud is a cloud management service provider (MSP) and has been selected as an Amazon Web Services (AWS) partner.
This content was produced with the assistance of AI translation services.
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