KT Discusses 'Sustainable Growth of Future Networks' on the Global Stage

On the 2nd, Moon Sung-wook, Executive Director of KT Global Business Division, delivered a keynote speech on "KT's Digital Transformation for the Future" at Mobile 360 APAC.

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[Asia Economy Reporter Cha Min-young] KT announced on the 4th that it attended the 'Mobile 360 Asia Pacific 2022 Conference' held by the Global System for Mobile Communications Association (GSMA) in Singapore on the 2nd and 3rd.

Since 2016, GSMA has held the Mobile 360 Asia Pacific Conference annually to share technology and industry trends in the mobile and digital transformation sectors. This conference was attended by over 1,000 participants, including telecommunications companies, big tech, venture capital (VC), and government officials from the Asia-Pacific region.

Moon Sung-wook, KT's Head of Global Business Office (Senior Vice President), shared KT's vision as a digital platform company in his keynote speech on the first day of the conference and expressed his ambition to "demonstrate digital transformation (DX) capabilities in the global market."

(From left) Dr. Mani Mani Mohan of GSMA, Senior Researcher Kim Sang-guk of KT Economic Management Research Institute, Ismail Sha, Head of Telecom Policy for Asia-Pacific at Meta, Chi Jingfeng, Head of Policy Cooperation at Axiata Group, and Jean-Jacques Sahel, Head of Global Telecom Policy at Google, are participating in the panel discussion.

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On the 3rd, KT Economic Management Research Institute participated in a panel discussion at the 'Policy Leaders Forum' themed 'Digital Policies and New Business Models for the Future.' Based on the GSMA report, Kim Sang-guk, Senior Researcher at KT Economic Management Research Institute, emphasized, "All members of the internet ecosystem must strive to fairly share network investment costs due to traffic increases."

Earlier, GSMA published the 'Internet Value Chain 2022' report in May, highlighting the imbalance between investment and returns between big tech and telecommunications companies.

Lee Gong-hwan, Head of KT Policy Cooperation Office (Executive Vice President), said, "Since network growth and innovation require cooperation and discussion, it is meaningful that telecommunications companies and big tech gathered in one place at this forum to brainstorm." He added, "KT, which has played a pivotal role in the ICT industry through participation as a GSMA board member, will make various efforts to continue constructive cooperation on the global stage."

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