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The Information Technology 100

47

KT

The largest Korean phone company carries 94% of the country's local fixed-line calls and half of all broadband connections. In the face of dwindling voice traffic and near saturation in the landline Internet market, it seeks to drive growth by offering high-speed wireless access to the Net together with fixed-line connection. KT has set up antennas at 12,000 crowded spots -- hotels, universities, subways, airports -- across the nation to allow people to shop, play games, and swap video clips on their wireless devices. It's launching a pilot service in November to allow Net access to people on the go. This new service, called WiBro, enables people to keep surfing the Net while riding in a vehicle at speeds up to 37 miles (or 60 km) an hour.

Company Info

STOCK INFO KTC
Revenues* $16.5 BILLION
Revenue Growth 6.2%
Return on Equity 17.8%
Total Return28.5%
Profits* $12.4 MILLION
Industry TELECOM SERVICES
CORPORATE WEB SITE
All figures are for the most recent available 12 months.

* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.


Data provided by Standard & Poor's Compustat, BusinessWeek

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Company Snapshot

KT Corp. provides telecommunication services in Korea. The company provides fixed line telephone services, including local, domestic long distance, and international long distance telephone services; interconnection services to other telecommunications companies; and business and data communications services, including broadband Internet access service, leased line services, and other Internet related services. The company also provides wireless local area network service under the brand name NESPOT, which integrates fixed line and wireless services by offering wireless Internet access to laptops, PDAs, and at home. KT Corp. was established in 1981 and has its head office in Sungnam, Korea.

No. of Employees

NA


Data provided by Capital IQ
Yong Kyung  Lee

Yong Kyung Lee

Bio

Yong Kyung Lee serves as President, Chief Executive Officer and Director of KT Corp. Mr. Lee received B.S. in Electronics Engineering from Seoul National University, M.S.in Electrical Engineering from the University of Oklahoma, and Ph.D in Electrical Engineering from the University of California at Berkeley.