KT Corp.
Market Cap
8.9B
Short interest (May 15)
0.7%
Net Short (Jun 03 ): 0.0%
Borrow Fee
1.01%
↑ 488.6%
Available Shares
3M
↑ 11.6%
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Company Overview
KT is South Korea's largest fixed-line telecom operator, with around 11.5 million fixed-line broadband customers and 9.5 million IPTV customers, and is the second-largest wireless operator with 28 million subscribers. Additionally, it has a number of nontelecom businesses, including real estate, payment processing, artificial intelligence, and IDC/cloud services, many of which are the focus of its growth strategy. The company was formed from the previously government-owned, monopoly telecom business and was listed in 1998. After selling its mobile business in 1994 (forming its mobile competitor, SK Telecom), KT created its own mobile operator in 1997.
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