5G users drive revenue growth, KT's third-quarter revenue reaches 6,217.4 billion won
Korea Telecom (KT) said on Tuesday that in the third quarter
of 2021, revenue was 6.2 trillion won and profit was 382 billion won, an
increase of 3.6% and 30% year-on-year respectively. All of the company's
businesses have achieved growth, including 5G, data centers and content
services.
According to foreign media reports, Korea Telecom (KT) said
on Tuesday that in the third quarter of 2021, revenue was 6.2 trillion won and
profit was 382 billion won, an increase of 3.6% and 30% respectively
year-on-year.
It is reported that all of the company's businesses have
achieved growth, including 5G, data centers and content services.
KT said that as of the end of the third quarter, 5G users
had reached 5.6 million. The company said that due to the increase in average
revenue per user, its mobile service revenue increased by 3.8% year-on-year.
KT said that due to the opening of two new data centers this
quarter, its data center business revenue increased by 34.7% from the same
period last year. The company also stated that demand from commercial customers
for its artificial intelligence call centers was high this quarter.
In terms of content services, KT’s IPTV subscribers have
increased by more than 100,000. KT said that although it plans to pay users
about 35 billion won, this will be reflected in the results of the fourth
quarter.