Trading Alert for KT Corp.

0 Comments | M2 Presswire, January, 2007

M2 PRESSWIRE-29 January 2007-Blue Chip News: Trading Alert for KT Corp.(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:29012007 It's no surprise that former state-run monopoly KT has emerged as South Korea's #1 phone company. Formerly Korea Telecom, it is that nation's dominating provider of fixed-line (21 million lines in service), business, data communication services, and broadband Internet access (Megapass, which boasts more than 6 million subscribers).

KT's mobile telecommunication service (45-owned KT Freetel (KTF), with more than 10 million subscribers) ranks a strong second to SK Telecom. At home, KT is focusing on its broadband, wireless Internet, and satellite technologies for growth, while winning contracts in China and Vietnam. The national government...