KT Q3 2026 net income falls 17.5% to KRW 367B
KT's roadmap cites demand-driven AIDC capacity expansion of +1 GW by around 2031 and six sites to open by 2029.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
6-K
Rhea-AI Filing Summary
KT Corporation reported 3Q26 consolidated operating revenue of KRW 6,997.5 billion, down 1.8% year over year. Operating income was KRW 505.3 billion, down 6.1%; net income was KRW 367.3 billion, down 17.5%; and EBITDA was KRW 1,428.3 billion, down 5.0%. KT attributed the revenue decline to a prior-year real-estate project base effect and lower wireless revenue following the customer appreciation program. Operating income also reflected the base effect and a decline in KT separate operating income.
Cumulative AX revenue increased 11.9% year over year; revenue at kt cloud, kt estate and content subsidiaries rose 7.7%, 39.1% and 12.1%, respectively. KT's shareholder-return disclosures list minimum FY26 DPS of KRW 2,400, 3Q26 DPS of KRW 600, and KRW 250 billion for share buyback/cancellation. The AIDC roadmap calls for demand-driven capacity expansion of +1 GW by around 2031 and identifies six sites to open by 2029.
1 point · 0 major0 major · 1 point
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointCumulative AX revenue increased 11.9% year over year.
Negative
- Moderate pointNet income declined 17.5% year over year to KRW 367.3 billion.
Filing Explained
KT’s third-quarter dividend is scheduled for November 12, while the filing does not establish the amount bought back or whether shares were cancelled.
KT's Form 6-K furnishes its 3Q26 earnings release. It reports a 3Q26 dividend of
The release gives a treasury-share acquisition trust-contract period from
Key Figures
Operating revenue: KRW 6,997.5 billion
Operating income: KRW 505.3 billion
Net income: KRW 367.3 billion
+5 more
8 metrics
Operating revenue
KRW 6,997.5 billion
3Q26 consolidated; down 1.8% year over year
Operating income
KRW 505.3 billion
3Q26 consolidated; down 6.1% year over year
Net income
KRW 367.3 billion
3Q26 consolidated; down 17.5% year over year
EBITDA
KRW 1,428.3 billion
3Q26 consolidated; down 5.0% year over year
Cumulative AX revenue growth
11.9% year over year
3Q26 cumulative
Minimum DPS
KRW 2,400
FY26
DPS
KRW 600
3Q26
Share buyback/cancellation
KRW 250 billion
FY26 Value up plan
Key Terms
AIDC, ARPU, EBITDA, MVNO, +1 more
5 terms
AIDC technical
"AIDC 1GW roadmap"
ARPU financial
"ARPU = Wireless revenue / Wireless subscribers"
ARPU, or Average Revenue Per User, measures how much money a company earns, on average, from each of its customers over a set period. It helps investors understand how effectively a business is generating income from its customer base, similar to calculating how much each customer spends at a store. Higher ARPU often indicates stronger sales per customer and better revenue performance.
EBITDA financial
"EBITDA 1,428.3"
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It measures a company's profitability by focusing on the money it makes from its core operations, ignoring expenses like taxes and accounting adjustments. Investors use EBITDA to compare how well different companies are performing financially, as it provides a clearer picture of operational success without the influence of financial structure or accounting choices.
MVNO technical
"MVNO 9,323"
An MVNO, or Mobile Virtual Network Operator, is a company that offers mobile phone services by leasing network access from major wireless providers instead of owning the infrastructure itself. This allows them to sell phone plans at competitive prices and target specific customer groups. For investors, MVNOs represent a way to participate in the telecom industry’s revenue without the high costs of building and maintaining network towers.
Token Factory technical
"Token Factory launch"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What dividend and buyback amounts did KT (KT) report for FY26?
KT listed a minimum FY26 DPS of KRW 2,400, a 3Q26 DPS of KRW 600, and KRW 250 billion for share buyback/cancellation under its FY26 Value up plan.
When is KT (KT)'s 3Q26 dividend payable?
The 3Q26 DPS record date is October 28, 2026, and the payment date is November 12, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
Form 6-K
______________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2026
Commission File Number 1-14926
______________________
KT Corporation
(Translation of registrant's name into English)
______________________
90, Buljeong-ro,
Bundang-gu, Seongnam-si,
Gyeonggi-do,
Korea
(Address of principal executive offices)
______________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
EXHIBIT INDEX
| Exhibit No. | Description | |||||||
| 99.1 | 3Q26 Earnings Release | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Dated: November 10, 2026 | ||||||||
| KT Corporation | ||||||||
| By: | /s/ Sun Wook Kim | |||||||
| Name: Sun Wook Kim | ||||||||
| Title: IRO | ||||||||
| By: | /s/ Sanghyun Cho | |||||||
| Name: Sanghyun Cho | ||||||||
| Title: IR Team Leader | ||||||||
3Q26 Earnings Release
2 Disclaimer This presentation has been prepared by KT Corp.(the “Company”) in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to change without notice. No representation or warranty, express or implied, is made and no reliance should be placed on the accuracy, actuality, fairness, or completeness of the information presented. The Company has applied new accounting standard of K-IFRS 1115 as of Jan 1st, 2018 and K-IFRS 1116 ‘Leases’ as of Jan 1st, 2019. There are no obligation to apply the new standard to previous financial statements. If you have any questions related to this material, please contact the IR department. Tel: +82-70-4193-4036
1 3Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix Contents
4 3Q26 Highlights1-1 Wireless : Subs. /ARPU turnaround B2B, DC driven orders : Cumulative up 20%+ Subsidiaries : Robust OP growth (DC/real-estate/content etc.) Shareholder Return : Stable execution 34,781 34,412 33,963 34,507 34,711 1Q26 2Q26 Jul.26 Aug.26 Sep.26 • Turnaround with clear core-business recovery and DC biz. driven B2B growth • Enhance corporate value with group portfolio growth and stable shareholder returns ARPU MNO Subs.* *exc. IoT/etc. Cumulative orders 14,805 14,807 14,807 14,817 14,831 (Unit: thousands, KRW) OP Contribution Excluding one-off( real-estate PJT) gains • FY26 DPS: Minimum KRW 2,400 • 3Q26 DPS1 : KRW 600 • Share Buyback/Cancellation2 : KRW 250bn (FY26 Value up plan) ‘26 YTD Cumulative orders amount YoY 20%+ ‘25 YTD DC relevant 197.3 206.2 3Q25 3Q26 +4.5% YoY (+40.0% YoY excluding one-off real-estate PJT.)Real- estate PJT. 50.0 (Unit: bn KRW) 1)Record date(‘26.10.28), Payment(‘26.11.12), 2)Trust contract for acquisition of treasury share('26.03.10~'26.9.9)
5 3Q26 Highlights1-1 AX Infra AX Solution • AX strategy translating into execution and tangible outcomes, incl. the AIDC 1GW roadmap and Token Factory launch • 3Q cumulative AX revenue +11.9% YoY; targeting 2x+ growth by ‘28 (vs.’25) AXRevenue AIDC Subsea Cable Token Factory Palantir ✓ Demand driven capacity expansion of +1GW ~’31 ✓ 6 AIDC sites to open by ‘29 - (’27) Bucheon 1/2 Center - (’28) GaebongGunsanYongin - (’29) Ansan ✓ +90Tbps~’31 of capacity for global AI traffic ✓ Lease capacity to meet demand until new cables are in place (Leased capacity expected to sell out within the year ) ✓ All-in-one AI platform covering model selection, optimization, billing, and security(launched Oct.30) ✓ Offer 500+ domestic and global AI models - Partnership with OpenRouter ✓ Main contract in the financial sector (Aug. ‘26) ✓ Accelerate manufacturing/enterprise expansion and internal efficiency ✓ Build in-house KT FDE* and a high- margin biz. structure *Forward Deployed Engineer (Engineers driving end-to-end Palantir solution deployment at customer sites) 2025 AX solution Subsea cable 3Q25 (Cum.) 20283Q26(Cum.) kt cloud YoY +11.9% 993.4 1,111.9 *Decision-making on additional sites in progress
6 AX Platform Company AX Enhance profitability AssetOptimization Additional Shareholder Return FY2028 Financial Target and Action plans1-2
1 3Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix Contents
8 Financial Highlights1 (Unit: bn KRW) 3Q25 2Q26 3Q26 QoQ YoY Operating Revenue 7,126.7 6,679.9 6,997.5 4.8% -1.8% Service Revenue 5,920.8 5,922.9 5,880.9 -0.7% -0.7% Sale of goods 1,205.9 757.0 1,116.6 47.5% -7.4% Operating Expense 6,588.6 6,031.6 6,492.2 7.6% -1.5% Operating Income 538.2 648.3 505.3 -22.1% -6.1% Margin 7.6% 9.7% 7.2% -2.4%p -0.3%p Margin1 9.1% 10.9% 8.6% -2.4%p -0.5%p Non-op. Income/Loss 55.3 -2.2 -6.0 Loss continued Turned to loss Income before taxes 593.4 646.1 499.3 -22.7% -15.9% Net Income 445.3 480.6 367.3 -23.6% -17.5% Margin 6.2% 7.2% 5.2% -1.9%p -1.0%p EBITDA 1,503.9 1,589.4 1,428.3 -10.1% -5.0% Margin 21.1% 23.8% 20.4% -3.4%p -0.7%p 1) OP Margin1 = Operating Income/Service Revenue K-IFRS / Consolidated • Revenue -1.8% YoY due to prior-year base effect (real estate pjt.) and lower wireless revenue following the customer appreciation program • OP -6.1% YoY due to prior-year base effect and decline of KT separate OP
9 CAPEX • 3Q26 Total CAPEX Execution : KRW 1,228.2bn(KT Separate), KRW 370.9bn(Major Subsidiaries) 2 (Unit: KRW bn) 2,412 2,300 2,144 1,228 907 824 796 371 2023 2024 2025 3Q26(Cum.) KT Major Subsidiaries 3,319 3,124 2,940 1,599 ■ Major Subsidiaries’ CAPEX Includes Finance, Media, DC/Cloud, Real Estate, etc. ■ KT Separate CAPEX Access network, Backbone Network, B2B and etc. K-IFRS / Separate and major subsidiaries
1 3Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix Contents
11 KT - Wireless • Wireless Service revenue down -3.9% YoY, reflecting the impact of the customer appreciation program’26.02~07 and subs. churn during the penalty waiver period (5G penetration : 83.5%) • Enhancing profitability through personalized AX and stronger digital distribution channels 1 (Unit: KRW bn) 3Q25 2Q26 3Q26 QoQ YoY Wireless 1,809.6 1,749.7 1,738.0 -0.7% -4.0% Wireless Service 1,733.6 1,674.9 1,666.8 -0.5% -3.9% Interconnection 76.0 74.8 71.1 -4.9% -6.4% 8,057 8,368 8,749 9,048 9,323 6,574 6,974 7,019 7,059 7,357 2,649 2,487 2,324 2,247 2,211 11,048 11,156 11,070 11,147 11,170 3Q25 4Q25 1Q26 2Q26 3Q26 Handset(5G) Handset(exc.5G) 2nd device & IoT MVNO 30,061 28,328 28,985 29,162 29,501 Wireless Subscribers (Unit: Thousands)
12 KT – Fixed Line2 3Q25 2Q26 3Q26 QoQ YoY Fixed Line 1,331.9 1,314.8 1,308.2 -0.5% -1.8% Broadband 636.7 638.0 637.4 -0.1% 0.1% Media 534.4 524.5 521.5 -0.6% -2.4% Home Telephony 160.9 152.3 149.3 -2.0% -7.2% 10,135 10,170 10,188 10,231 10,276 3Q25 4Q25 1Q26 2Q26 3Q26 70.0% 70.1% 70.1% 70.2% 70.3% 9,520 9,533 9,520 9,565 3Q25 4Q25 1Q26 2Q26 3Q26 9,544 K-IFRS / Separate • Broadband : +0.1% YoY rev. growth, due to increase in GiGA subs. and value-added services • Media : -2.4% YoY rev. decline, as weaker advertising and PPV* revenue offset IPTV subs. addition *PPV : Pay-Per-View (Unit: KRW bn) (Unit: Thousands) Broadband Subscribers Subscribers GiGA (%) (Unit: Thousands) IPTV Subscribers
13 KT – B2B Services • Rev -0.7% YoY due to the prior-year base despite the continuous AX biz. Growth • Expand AX revenue through dedicated “AI Leased Line” for AIDC and Token Factory launch 3 Enterprise Internet/data Revenue AX biz. Revenue (KT Separate) 3Q25 2Q26 3Q26 QoQ YoY B2B Service 932.7 901.1 925.9 2.8% -0.7% YoY +7.0% 366.3 368.7 375.5 388.6 392.0 3Q25 4Q25 1Q26 2Q26 3Q26 3Q25 4Q25 1Q26 2Q26 3Q26 kt cloud KT AX biz. 358.1 369.6 350.8 367.8 393.3 ※ KT AX biz. : Subsea cable, AICC, AI/IT service, etc. YoY +9.8% (Unit: KRW bn, Separate) (Unit: KRW bn, KT + kt cloud ) QoQ +6.9%QoQ +0.9% K-IFRS (Unit: KRW bn)
14 Major Subsidiaries4 • kt cloud rev. +7.7% YoY by increased DC Gasan,‘25.11 utilization and Design & Build business expansion • kt estate rev. +39.1% YoY supported by growth in hotel business and new development project • Content subs. rev. +12.1% YoY driven by steady growth across KT Studio Genie, KT Millie, and others Subsidiaries’ OP contribution 3Q25 2Q26 3Q26 QoQ YoY BC Card 918.3 930.7 903.8 -2.9% -1.6% kt skylife 246.9 249.9 249.0 -0.4% 0.8% Content Subsidiaries* 153.3 166.4 171.8 3.3% 12.1% kt cloud 249.0 265.4 268.2 1.0% 7.7% kt estate 186.9 288.9 260.0 -10.0% 39.1% 197.3 132.1 168.8 259.3 206.2 3Q25 4Q25 1Q26 2Q26 3Q26 50.0 Gwangjin-gu real-estate PJT. *kt nasmedia,kt studiogenie(Genie music, Storywiz, and others incl.) (Unit: KRW bn) Excluding one-off(Gwangjin-gu real-estate PJT) gains (proportion) K-IFRS / Consolidated(each subsidiary) (Unit: KRW bn) Revenue of Major Subsidiaries (consolidated) * Daejeon HR Center
1 3Q26 Highlights 2 Financial Highlights 3 Business Overview 4 Appendix Contents
16 K-IFRS Income Statement1 Consolidated 3Q25 4Q25 1Q26 2Q26 3Q26 KT Separate 3Q25 4Q25 1Q26 2Q26 3Q26 Operating revenue 7,126.7 6,845.0 6,778.4 6,679.9 6,997.5 Operating revenue 5,109.0 4,760.2 4,834.6 4,523.5 4,987.8 Service revenue 5,920.8 5,949.4 5,733.4 5,922.9 5,880.9 Service revenue 4,179.9 4,122.5 4,069.1 4,079.3 4,106.1 Sale of goods 1,205.9 895.6 1,045.0 757.0 1,116.6 Handset revenue 929.1 637.7 765.5 444.2 881.7 Operating expense 6,588.6 6,617.7 6,295.7 6,031.6 6,492.2 Operating expense 4,768.1 4,664.9 4,520.7 4,134.5 4,688.5 Cost of Service 5,304.6 5,548.9 5,165.6 5,235.8 5,268.7 Cost of Service 3,837.8 4,042.6 3,721.5 3,719.3 3,763.3 Labor cost 1,167.6 1,184.0 1,173.9 1,173.9 1,179.5 Labor cost 492.8 431.9 497.0 494.0 502.0 General expense 2,725.9 2,788.9 2,592.7 2,596.4 2,657.3 General expense 1,956.7 2,052.3 1,866.7 1,855.4 1,903.5 Cost of service 778.5 701.2 746.3 813.6 810.5 Cost of service 707.4 656.5 658.3 668.0 697.5 Selling expense 632.6 874.8 652.7 651.9 621.3 Selling expense 680.9 901.9 699.5 701.8 660.3 Cost of Goods sold 1,283.9 1,068.7 1,130.2 795.8 1,223.5 Cost of Devices sold 930.3 622.4 799.2 415.2 925.3 Operating income 538.2 227.3 482.7 648.3 505.3 Operating income 340.9 95.3 313.9 389.0 299.3 N-OP income (loss) 55.3 -89.5 29.8 -2.2 -6.0 N-OP income (loss) 39.3 -4.3 101.4 -9.1 12.8 N-OP income 132.7 264.5 365.9 254.0 206.2 N-OP income 72.6 217.8 378.9 227.7 160.3 N-OP expense 74.2 367.7 342.9 284.4 207.1 N-OP expense 33.2 222.2 277.5 236.7 147.4 Equity Method (G/L) -3.3 13.7 6.9 28.3 -5.1 Income bf tax 593.4 137.9 512.5 646.1 499.3 Income bf tax 380.2 90.9 415.3 380.0 312.1 Income tax 148.2 46.5 124.2 165.5 132.0 Income tax 90.5 42.2 75.3 94.7 74.0 Net income 445.3 91.5 388.3 480.6 367.3 Net income 289.7 48.7 340.0 285.3 238.1 NI contribution to KT 391.5 111.7 352.2 440.1 321.3 EBITDA 1,503.9 1,197.3 1,440.0 1,589.4 1,428.3 EBITDA EBITDA Margin 1,153.8 900.2 1,110.6 1,171.7 1,057.1 EBITDA Margin 21.1% 17.5% 21.2% 23.8% 20.4% 22.6% 18.9% 23.0% 25.9% 21.2% (Unit: KRW bn)
17 K-IFRS Balance Sheet2 Consolidated 3Q25 4Q25 1Q26 2Q26 3Q26 KT Separate 3Q25 4Q25 1Q26 2Q26 3Q26 Assets 43,012.8 42,948.6 43,510.0 44,685.0 44,557.3 Assets 29,049.2 29,677.6 30,116.3 30,444.5 30,081.0 Current assets 15,123.6 13,977.5 14,527.1 14,821.6 15,313.6 Current assets 7,127.8 7,212.5 7,521.4 7,181.9 7,689.8 Cash & cash equivalents 3,890.3 3,507.0 2,860.1 3,049.8 3,042.4 Cash & cash equi. 1,095.5 1,585.9 1,268.9 1,210.4 1,395.4 Trade & other receivables 4,215.7 3,963.7 4,192.1 4,109.3 4,809.6 Trade & other rec. 3,186.5 2,915.7 3,220.9 2,906.4 3,414.7 Inventories 443.8 416.1 537.5 625.7 870.1 Inventories 155.2 94.3 173.4 270.7 409.8 Other current asset 6,573.7 6,090.7 6,937.4 7,036.9 6,591.5 Other current asset 2,690.7 2,616.6 2,858.2 2,794.5 2,469.9 - Prepaid_Contract cost 1,450.7 1,484.6 1,445.5 1,416.4 1,376.9 - Prepaid_Contract cost 1,549.9 1,583.8 1,557.2 1,526.1 1,492.9 - Contract assets 805.2 764.9 754.8 735.6 719.2 - Contract assets 707.8 630.0 613.4 604.1 565.0 Non-current assets 27,889.2 28,971.0 28,982.9 29,863.4 29,243.7 Non-current assets 21,921.4 22,465.1 22,594.9 23,262.6 22,391.2 Trade & other rec 422.1 463.1 453.5 492.6 455.8 Trade & other rec 319.9 362.9 352.8 395.3 356.4 Tangible assets 14,121.1 14,258.5 13,862.1 13,695.9 13,618.8 Tangible assets 10,748.7 10,932.3 10,563.9 10,402.1 10,330.8 Other non-current assets 13,346.0 14,249.5 14,667.3 15,674.9 15,169.0 Other non-current assets 10,028.4 10,357.6 10,868.1 11,685.4 10,963.7 - Prepaid_Contract cost 629.2 614.5 679.4 666.6 674.9 - Prepaid_Contract cost 624.1 595.2 658.5 636.4 646.4 - Contract assets 173.2 261.4 302.8 279.9 297.0 - Contract assets 140.1 226.8 258.7 257.7 252.6 Liabilities 23,752.8 23,490.6 23,516.4 24,253.7 24,302.9 Liabilities 13,986.4 14,451.0 14,361.4 14,444.4 14,393.6 Current liabilities 12,223.6 11,692.8 12,642.1 13,162.5 12,975.7 Current liabilities 6,539.8 6,862.3 7,478.4 7,411.2 7,041.9 Trade & other payables 7,770.5 6,868.7 6,933.6 6,781.3 7,071.0 Trade & other payables 4,545.4 4,592.5 4,515.9 4,240.6 4,695.9 Short-term borrowings 2,454.1 2,499.5 3,531.8 4,179.5 3,797.5 Short-term borrowings 1,310.4 1,323.8 2,018.1 2,279.7 1,527.9 Others 1,999.0 2,324.5 2,176.8 2,201.7 2,107.2 Others 684.1 946.0 944.4 890.9 818.1 - Contract liabilities 228.1 207.8 205.6 183.0 207.4 - Contract liabilities 198.3 185.7 186.8 162.8 187.9 Non-current liabilities 11,529.2 11,797.8 10,874.3 11,091.2 11,327.2 Non-current liabilities 7,446.6 7,588.7 6,883.0 7,033.1 7,351.7 Trade & other payables 386.6 328.3 295.6 613.5 623.2 Trade & other payables 649.8 622.1 544.2 838.2 819.8 Long-term borrowings 8,078.2 8,286.0 7,304.8 7,091.3 7,302.3 Long-term borrowings 5,499.5 5,744.9 5,006.6 4,725.0 5,057.6 Others 3,064.4 3,183.5 3,273.9 3,386.5 3,401.7 Others 1,297.2 1,221.7 1,332.2 1,470.0 1,474.3 - Contract liabilities 33.4 31.9 33.5 29.0 54.6 - Contract liabilities 27.3 24.8 29.0 25.0 31.3 Equity 19,259.9 19,458.0 19,993.6 20,431.3 20,254.3 Equity 15,062.8 15,226.6 15,754.9 16,000.1 15,687.4 Retained earnings 14,986.2 14,964.3 15,174.5 15,470.0 15,632.9 Retained earnings 12,301.6 12,219.9 12,417.4 12,555.8 12,635.5 (Unit: KRW bn)
18 Subscribers3 Wireless Subscribers 3Q 25 4Q 25 1Q 26 2Q 26 3Q 26 QoQ YoY Total 28,328 28,985 29,162 29,501 30,061 1.9% 6.1% - MNO 20,271 20,618 20,413 20,453 20,738 1.4% 2.3% - MVNO 8,057 8,368 8,749 9,048 9,323 3.0% 15.7% 5G Handset1) 11,048 11,156 11,070 11,147 11,170 0.2% 1.1% Churn rate2) 1.2% 1.0% 1.7% 0.9% 1.0% 0.1%p -0.2%p ARPU (KRW)3) 35,295 35,335 34,781 34,412 34,394 -0.1% -2.6% 1) 5G Handset : Retroactively applied from 1Q23 based on the change of subscriber disclosure criteria by the MSIT (excludes 5G 2nd Device and 5G IoT) 2) Churn rate : Based on MNO subscribers (excludes IoT) 3) ARPU = Wireless revenue* / Wireless subscribers** * Wireless revenue(3G, LTE, 5G incl.): Revenue of Voice/Data usage (Interconnection/Subscription fee exc.), VAS, Contract/ Bundled Discounts, and etc. incl. ** Wireless subscribers: Based on MSIT’s guidelines for average billed subscribers in quarter (IoT/M2M exc.) Fixed Line Subscribers 3Q 25 4Q 25 1Q 26 2Q 26 3Q 26 QoQ YoY Telephony 11,039 10,890 10,739 10,603 10,475 -1.2% -5.1% - PSTN 7,851 7,716 7,578 7,447 7,327 -1.6% -6.7% - VoIP 3,188 3,174 3,161 3,156 3,148 -0.2% -1.2% Broadband 10,135 10,170 10,188 10,231 10,276 0.4% 1.4% IPTV (GTV+GTS) 9,520 9,533 9,520 9,544 9,565 0.2% 0.5% K-IFRS / Separate (Unit: Thousands) (Unit: Thousands) ※ Number of IPTV subscribers above differs from MSIT figures that follow the IPTV law - Number of KT pay TV subscribers in 2H 2025 is 9,123,463 (6-month average)
