KT has signed up over 2.49 million LTE subscribers as of the end of Q3, representing about 15% of its mobile customer base. Meanwhile, the number of smartphone subscribers reached 9.79 million, representing 59.4% of KT’s total mobile subscribers.
Financially. KT’s operating revenue for the quarter rose to 6,519.4 billion won, up 30% compared to a year ago, thanks largely to disposal of certain real estate and copper line assets. Net profit reached 372.3 billion won (US$341 million).
Some other notes:
- KT now has 8 million broadband subscribers.
- Due to decrease in telephony and line lease revenue, total wireline revenue fell 2.7% QoQ.
- KT’s total CAPEX for Q3 amounted to 592.3 billion won, including LTE CAPEX of 168.9 billion won.
- The carrier is planning to rollout multi-carrier LTE soon.
