KT is a leading operator with both wireline and wireless networks in service in the Republic of Korea. With total assets of KRW 33.8 trillion and operating revenue of KRW 23.4 trillion, KT is a prominent figure in the Korean telecommunications market.
Originally founded in 1981 as a public utility, KT actively led Korea's transition to the information era and played a key role in transforming Korea into a major information technology hub. In 2009, KT merged with its wireless subsidiary KTF, paving the way to the integration of landline and cellular services. Ever since KT introduced the Apple iPhone to South Korea, it has been constantly seeking new business area, such as media, e-commerce, and global business partnerships.
KT has also been active in technology development, and it aims to demonstrate the latest 5G technology at the Pyongchang Olympics in 2018. With this demo, KT is seeking to lead the development of mobile communication technology in the world