KT Corporation

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KT Corporation

Formerly	Korea Telecommunications Authority (1981–2002)
Company type	Public
Traded as	KRX: 030200 NYSE: KT LSE: KTCD
Industry	Telecommunications
Founded	September 28, 1885; 139 years ago (1885-09-28) (as Korea Telegrams Hansung Administration) Hansung, Joseon (now Seoul, South Korea) December 10, 1981; 42 years ago (1981-12-10) (as Korean Telecommunications Authority, KTA) Seongnam, South Korea
Headquarters	Bundang District, Seongnam, South Korea
Key people	Kim Young-shub [1] (CEO)
Products	Fixed line Mobile telephony Internet services Digital television Credit card Entertainment Education Real estate Infrastructure Sports Software
Revenue	KRW 24,342 billion (2019)[2]
Owner	Government of South Korea through the National Pension Service (12.19%) Jio Platforms (67%)
Number of employees	23,372 (December 2019)
Subsidiaries	KTDS KTH KTP KTN KT Submarine KT Telecop KT Capital KT Rental KTM&S Genie Music Nasmedia KT CS KT IS KT SkyLife KT Wibro Infra Seezn
Website	corp.kt.com

KT Corporation (Hangul: 주식회사 케이티), formerly Korea Telecom, is a South Korean telecommunications company. KT is the second-largest wireless carrier in South Korea, with 13.5 million subscribers as of Q4 2023.^{[citation needed]}

The formerly fully-state-owned firm (the government's National Pension Service currently owns 12.19% shares and is the largest shareholder) is South Korea's first telecommunications company and is a major supplier of the local landline and broadband internet market, serving about 90 percent of the country's fixed-line subscribers and 45 percent of high-speed Internet users. After selling its wireless affiliate Korea Mobile Telecom in 1994, KT returned to the wireless market with the creation of PCS carrier KTF in January 1997.

The company's merger with KTF, its wireless subsidiary, in 2009 made it the country's ninth largest chaebol (conglomerate) with nearly 24 trillion won in assets as of 2009.^[3]

In January 2011, KT launched unified brand "Olleh" for both fixed-line and cellular broadband services.^[4]