[Concall] KT "No Low-Bid Participation for IoT Remote Monitoring"

In recent statistics from the Ministry of Science and ICT regarding a competitor closely catching up to KT's subscribers, KT drew a clear line by stating, "We do not conduct business by winning millions of lines at once through the lowest bid pricing in IoT remote monitoring, charging less than 1,000 won per month."

On the 7th, Park Hyo-il, Head of KT's Customer Experience Innovation Division, said during the Q3 earnings conference call, "The competitor's lines have increased sharply only in IoT, specifically in remote monitoring, not in human subscribers."

Park added, "Each company pursues different goals and makes strategic choices. KT does not promote IoT projects unrelated to profitability, business scalability, technological innovation, or ecosystem creation." He also stated, "KT maintains differences from competitors in traditional mobile subscriber lines, wearables, and second devices, and competes through customer value. As a result, qualitative indicators such as 5G penetration rate and average revenue per user (ARPU) per subscriber remain superior compared to competitors."

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