KT CORP. SHOWS AN INCREASE IN NET PROFIT IN Q4 BY $35 MILLION

Highlights –

• KT Corp. shows an increase in net profit in Q4 by $35 million.
• The expansion in net profit was mostly due to growing 5G users.
• The company’s operating income rose 6.4 percent on-year.
• In 2021, the company expects 5G users to account for 45 percent of its total handset subscribers.

On Tuesday, South Korea’s major telecom operator....