Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
KT pledges to move beyond telecom to platform business
By Sohn Ji-youngPublished : Jan. 2, 2017 - 16:52
KT Chairman Hwang Chang-gyu has called for South Korea’s second-largest mobile carrier to move beyond its flagship telecom business and become a platform company based on intelligent network technologies.
“KT’s goal should not be to become Korea’s No. 1 telecom company but to become a platform company with intelligent network technologies,” Hwang said during his New Year’s speech.
“We should not aim to become the No. 1 leader in the IPTV market, but become a strong media platform company that can create a new paradigm in how people consume media,” he said.
“KT’s goal should not be to become Korea’s No. 1 telecom company but to become a platform company with intelligent network technologies,” Hwang said during his New Year’s speech.
“We should not aim to become the No. 1 leader in the IPTV market, but become a strong media platform company that can create a new paradigm in how people consume media,” he said.
Hwang also urged KT employees to devise new, upgraded strategies to shake up the current state of the local telecom market.
“We must pursue technology-based differentiation and make efforts to break the existing market order. It’s a change we need to pursue to become first-movers in the global race for next-generation 5G networks and ultrafast internet,” he said.
The KT chairman’s term is scheduled to end in March. Hwang, who took up his post as chief of KT in January 2014, has yet to announce whether he will be serving another term.
By Sohn Ji-young (jys@heraldcorp.com)
