FinanceLight Readingabout 1 hour ago
KT Profit Falls on Slow Wireless Rebound
2 min read
KT Corp reported Q3 net income of 367 billion Korean won, down 17.5%, as AI demand failed to offset mobile weakness. Wireless revenue shrank 4% while fixed-line units contracted 1.8%. The company plans to build 1GW in data center capacity by 2031 and embed more than 500 AI models to drive its AX business growth.
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