Seoul - KT said it expects its sales to rise 26 percent on-year to 24 trillion won (US$19.2 billion) this year on diversified services that combine mobile and fixed-line telephony. Its operating profit is likely to reach 2 trillion won this year, up from an earlier estimate of 1.8 trillion won, KT said in a statement marking the official start of its operations as a new entity after completing a merger with mobile unit KTF. The company also said it will seek to record 27 trillion won in total … [Read more...] about Korea: KT targets US$19.2 billion in 2009 sales after merger
KT
Content woes delay KT internet TV
Seoul - A KT senior executive has said that the launch of internet-based TV may need to be delayed until November, due to continued content negotiations. This confirms whispers at the BCWW Conference & Exhibition early September that certain Korean terrestrial channels were playing hard-ball regarding re-transmission deals. While recent regulatory changes now permit internet-TV to offer linear channels in real-time, rather than just pre-IPTV services, the telcos are precluded from programming … [Read more...] about Content woes delay KT internet TV
