KT Corp. Files 2024 Annual Report on Form 20-F
Rhea-AI Summary
KT Corp, South Korea's leading telecommunications and platform service provider, has filed its Form 20-F Annual Report with the SEC for the year ended December 31, 2024. The report is accessible through KT's English website and the SEC's Edgar database.
As the dominant player in South Korea's telecom sector, KT maintains the #1 market position in key areas:
- Broadband services
- Media services
- Fixed-line telephony
- B2B communications
The company offers comprehensive IT and network services, including data centers and cloud solutions. KT has developed a diverse portfolio through subsidiaries focusing on:
- Media/content
- Financial services
- Real estate operations
- Commerce industries
Positive
- Market leadership: #1 position in Broadband, media services, and fixed-line telephony
- Diversified portfolio across telecommunications, media/content, financial services, real estate, and commerce
- Industry-leading position in B2B communications with cloud and data center services
- Well-balanced subsidiary structure across multiple revenue streams
Negative
- Filing contains forward-looking statements subject to risks and uncertainties
- Market position and operations could be affected by inaccurate business assumptions
News Market Reaction 1 Alert
On the day this news was published, KT gained 2.96%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
About KT Corporation (KRX: 030200; NYSE:KT)
KT Corporation is the leading integrated telecommunications and platform service provider based in
Forward-Looking Statements
This communication contains "forward-looking statements" that are based on our current expectations, assumptions, estimates and projections about us and the industries in which we operate. The forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "estimate," "expect," "intend," "project," "should," and similar expressions. Those statements include, among other things, the discussions of our business strategy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources. We caution you that reliance on any forward-looking statement involves risks and uncertainties, and that although we believe that the assumptions on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and, as a result, the forward-looking statements based on those assumptions could be incorrect. The uncertainties in this regard include, but are not limited to, those identified in the risk factors discussed above. In light of these and other uncertainties, you should not conclude that we will necessarily achieve any plans and objectives or projected financial results referred to in any of the forward-looking statements. We do not undertake to release the results of any revisions of these forward-looking statements to reflect future events or circumstances.
IR department:
+82-70-4193-4036
ktir@kt.com
View original content:https://www.prnewswire.com/news-releases/kt-corp-files-2024-annual-report-on-form-20-f-302441884.html
SOURCE KT Corp.