Sunday, November 4, 2012

KT Reaches 2.49 Million LTE Subscribers, 15% of Mobile Users

Sunday, November 04, 2012  , ,  

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.