KT (telecommunication company)

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KT
Type Private
Founded 1981 (privatized since 2002)
Headquarters Flag of South Korea Seongnam, South Korea
Key people Nam Joong-soo, CEO
Products Fixed telephone
Mobile telephone
Broadband, Internet services
IT/Network services
Revenue 118,773 billion (2005)
Employees around 37,500 (March 2007)
Website www.kt.com

KT (formerly, Korea Telecom, Korean: 한국통신, NYSEKT) is South Korea's top integrated wired/wireless telecommunication service provider. KT has been Korea's leader in the development of the information & communications business for the last 25 years after privatization, as well as sharing a largest portion of the South Korean local telephone and high-speed Internet. KT is creating a world with ubiquitous, cutting-edge technology that goes beyond world-class broadband technology.
In that same time, it has helped Korea turn into an IT powerhouse with the world's leading technology in the operation of broadband service. With the commercial launch of the world's first wireless broadband service(WIBRO), KT is paving the way for U-Korea with ubiquitous infrastructure through which people can share information wherever they are.

  • Global Businesses

KT is being the world's leading broadband operator, combining Korea's industry-leading know-how with partners and operators around the globe as they deploy networks that push technology and solution offerings to event higher levels in the global telecom market.

  • Domestic Businesses

KT provides a broad range of products and services for domestic customers, including telephone services, broadband Internet services, internet access service, LM service, wireless service and data service.

  • Corporate Responsibility

KT is active in its efforts to bridge the digital divide, providing access to the benefits of the ICT revolution to all Koreans and creating a healthy information culture and environment.

  • Annual Reports

The 2005 Annual Report is now available online: http://www.kt.co.kr/eng/Inv/finance_annual.jsp?pageNum=3

Contents

[edit] KT History

On August 20, 1885, The Hansung Telegraphy Ministry was established as the first Telecom Authority in Korea, and on December 10, 1981, Korea Telecom Authority founded as the initiation of KT.

1982—1991: Starting PC communication service, HiTEL
  • January 1, 1983: First installation of Korean-made DDD-type public telephones
  • August 1, 1983: International Subscriber Dialing (ISD) service started
  • April 25, 1984: TDX-1, fully digitized telephone switching system, developed
  • July 25, 1984: Packet-exchange air data network opened
  • October 29, 1984: Kwanghwamun Telecommunication Center, the previous headquarters of KT, completed
  • September 28, 1985: Centennial of telecommunications celebrated
  • March 1, 1986: Tone & display mode paging service commenced
  • March 14, 1986: TDX-1 put into operation
  • September 30, 1987: Telephone switching capacity exceeded 10 million lines
  • July 10, 1990: Submarine optical cable system completed
  • September 9, 1991: HiTEL service, Korea’s leading PC communication service, started
  • December 3, 1991: Competition introduced in the 001 (international call) market
1992—1997: Launching Koreasat 1, Korea’s first satellite
1998—2001: Listing KT shares on the Korea Stock Exchange
  • September 11, 1998: The headquarters of KT was moved from Kwanghwamun to Bundang
  • December 23, 1998: KT shares listed on the Korea Stock Exchange
  • May 26, 1999: KT depository receipts (DR) listed on foreign stock exchanges
  • June 1, 1999: Commercialization of High-speed Internet, ADSL
  • September 5, 1999: Successful launching of the Moogoonghwa 3 satellite
  • October 27, 1999: Proclamation of the vision for the New Millennium; Leader of the Cyberworld
  • May 16, 2000: Launch of Asia’s Largest Korea Telecom-Internet Data Center(KT-IDC)
  • June 15, 2000: Completion of contract to acquire Hansol M.com
  • July 2, 2000: Integration of regional codes for inter-city calls
  • August 14, 2000: Successfully connecting the first-ever optical communications network between South and North Korea (Seoul-Panmunjum-Pyeongyang)
  • October 25, 2000: Designation as official partner for information telecommunications area of the 2002 World Cup
  • December 15, 2000: Winning a licese for IMT-2000
  • December 19, 2000: Acquisition of a license for satellite television broadcasting services (Korea Digital Satellite Broadcasting)
  • May 2, 2001: The birth of Korea’s mobile communications company KTF
  • June 29, 2001: The second issuance of overseas depository receipts
  • December 11, 2001: Change of company name and declaration of new CI
  • December 22, 2001: Strategic Partnership Agreement with Microsoft, USA
2002—2007: Declaring KT as a fully privatized company
  • May 31, 2002: Successful telecommunications support for “2002 FIFA World Cup Korea/Japan”
  • August 20, 2002: KT declared a fully privatized company
  • April 3, 2003: Introduction of Quality Innovation Program, ‘Six Sigma’
  • May 6, 2003: KT selected as top company in corporate governance excellence for Asia
  • June 4, 2003: Smart Card “1’ts” Service Launched
  • September 1, 2003: KT opens the first ADSL in Vietnam
  • October 17, 2003: KT decides to destroy 6 million shares of its own stock
  • November 10, 2004: launched Ann, KT’s new fixed line phone service with a variety of value-added features including SMS
  • January 10, 2005: KT launches the World’s First WDM-PON-based FTTH service
  • January 20, 2005: KT leading the mobile Internet market
  • March 13, 2005: Successful Testing Korea’s first wireless network IPv6
  • March 29, 2005: Ranked top in the NCSI (National Customer Satisfaction Index) in all Areas of Fixed Communication
  • June 23, 2005: The best company in corporate governance for Four Consecutive Years
  • October 6, 2005: A new corporate Slogan for Wonder Management: “Life is Wonderful”
  • December 20, 2005: Modernization of Bangladeshi Communication Network
  • December 28, 2005: Opening of the North-South Korea Communication Center in Gaeseong Industrial Complex and Gaeseng Branch
  • April 11, 2006: KT ranked top in the NCSI in Four Areas

[edit] KT Products

Image:Information im.gif

  • KT Megapass(Broadband Service including FTTH)
  • KT MegaTV (IPTV)
  • KT WIBRO(Mobile Wimax)
  • KT NESPOT (WiFi)
  • KT Telephone Card
  • KT Local/Outskirt Telephone
  • KT Overseas Telephone 001
  • KT Ringo
  • KT Bizmeka (Solution Service)
  • Let's 010 Resale mobile service (2G& 3G)

[edit] KT Subsidiaries

  • KTF: PCS business, founded January 3, 1997
  • KT Hitel: Data communication, founded December 9, 1991
  • KT Submarine: Submarine cable Construction and maintenance, founded December 30, 1985
  • KT Powertel: Trunk radio system business, founded August 1, 1988
  • KT Networks: Group telephone managemet, founded April 17, 1995
  • KT Linkus: Public telephone maintenance, founded May 21, 1986
  • KT Commerce: 2C,B2C service, founded May 23, 2002
  • KTF Technologies: PCS handset development, founded October 20, 2005
  • KTF mhows: Mobile marketing, founded October 12, 2001
  • KT Rentel: Rental service, founded November 21, 2004
  • KT Capital: Financing service
  • Sidus FNH: Movie production and delivery
  • KT Telecop: Security service
  • Olive 9: Broadcasting production

[edit] See also

[edit] References

[edit] External links