AllAnalyst Report
logoMorningstarNovember 09, 2020

KT Corporation: KT Reports Operating Profit Decline due to Real Estate but Core Business Remains Solid

Communication Services
Current Price
Fair Value
Economic Moat

KT is South Korea's largest fixed-line telecom operator, with around 15 million customers. It is the largest broadband firm in the country, with 9.1 million customers, and the second-largest wireless operator with 22.3 million subscribers; the company also has 8.7 million pay-television customers. Additionally, it has about 30 nontelecom businesses. These nontelecom businesses, IPTV and wireless data are the focus of its growth strategy.

Subscribe to Yahoo Finance Premium for full access
Read the latest independent research including analyst forecasts, ratings on the US economy, and more. Get individual company and overall sector level recommendations.
Try Premium FREE

Analyst Profile

Dan Baker

Dan Baker is a director of equity research for Morningstar Investment Management Asia Limited, a wholly owned subsidiary of Morningstar, Inc. He covers Asian telecommunications and technology companies. He is also team leader for the equity research teams in Hong Kong and China.Before joining Morningstar in 2014, he had 10 years’ experience as an equity analyst with Merrill Lynch and Mirae Asset Securities and two years in equity sales with RBS. He also worked for eight years in the telecommunications industry as an engineer with Ericsson and a telecom industry consultant with Ovum.Baker holds a bachelor’s degree in electrical engineering from the University of Melbourne, a diploma in applied finance and investment from the Securities Institute of Australia, and a master’s degree in accounting from Curtin University.