0
General

KT moves to net loss in Q4

Tuesday 28 January 2014 | 23:59 CET | News
South Korean telecommunications provider KT posted a net loss of KRW 300.7 billion in the fourth quarter, compared with a net profit of KRW 92.8 billion a year earlier. Revenues were flat at KRW 6.21 trillion and total operating expenses rose 2.9 percent to KRW 6.36 trillion with marketing expenses growing 15.5 percent year-on-year to KRW 755.7 billion. EBITDA fell 13.2 percent year-on-year to KRW 771.6 billion EBITDA margin slipped 1.9 percentage point to 12.4 percent. KT ended the year with 11.29 million mobile subscribers, including 7.87 million LTE subscribers, up from 10.25 million

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: KT
Countries: Korea, Republic of
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

KT turns to net loss in Q2

Published 30 Jul 2014 08:25 CET | Korea, Republic of
South Korean telecommunications provider KT posted a net loss in the second quarter of KRW 757.2 billion, compared to a net ...

KT posts Q1 net loss, revenues down 4.3%

Published 30 Apr 2014 10:55 CET | Korea, Republic of
Korean operator KT reported first-quarter revenues down 4.3 percent year-on-year to KRW 5.85 trillion. Service revenues fell 1.7 ...

Korea's LTE base grows to 30 mln in February

Published 03 Mar 2014 02:13 CET | Korea, Republic of
The number of LTE users in South Korea is estimated to have exceeded 30 million in February. According to the Ministry of ...

KT, China Mobile launch LTE data roaming

Published 26 Feb 2014 02:04 CET | China
South Korean telecommunications carrier KT and China Mobile have introduced LTE roaming. The two companies have made their LTE ...

KT, Radisys roll out small cell systems in LTE network

Published 24 Feb 2014 10:07 CET | Korea, Republic of
South Korean telecommunications company KT is collaborating with Radisys to roll out Intel-based small cell systems across its ...

KT sheds 26,000 broadband subs in January

Published 19 Feb 2014 02:33 CET | Korea, Republic of
South Korean telecommunications provider KT lost 26,000 broadband subscribers in January, ending the month with a total of 8.04 ...

KT provides security systems to Angola

Published 13 Feb 2014 01:56 CET | Angola
South Korean mobile operator KT has secured a deal from the Anglolan government. Under the deal, KT will provide its security ...

KT unit embroiled in loan fraud scandal

Published 11 Feb 2014 01:12 CET | Korea, Republic of
A subsidiary of South Korean communications provider KT is being investigated over loan fraud. The Seoul Metropolitan Police ...

KT confirms former Samsung CTO as new CEO

Published 28 Jan 2014 16:32 CET | Korea, Republic of
Shareholders of Korea Telecom (KT) have confirmed Chang-Gyu Hwang as the company's new CEO. A former CTO at Samsung Electronics, ...

KT to launch CBeebies SVoD service on IPTV platform

Published 28 Jan 2014 14:23 CET | Korea, Republic of
BBC Worldwide has signed a deal with South Korean telecoms operator KT to launch a CBeebies SVoD service on the 'KT olleh TV' ...

Samsung, KT launch commercial LTE eMBMS platform

Published 27 Jan 2014 08:47 CET | Korea, Republic of
Samsung Electronics and South Korean communications carrier KT have launched a commercial eMBMS (evolved Multimedia Broadcast and ...

KT, Orange, Turkcell shortlisted for Tunisie Telecom stake

Published 24 Jan 2014 18:58 CET | Tunisia
Korea Telecom, Orange and Turkcell are the three shortlisted candidates for the purchase of Emirates International ...

KT ends 2013 with 8.07 mln broadband subs

Published 16 Jan 2014 00:18 CET | Korea, Republic of
South Korean communications carrier KT ended December 2013 with 8.07 million broadband subscribers after recording net adds of ...

KT tests LTE-A services in Gangnam

Published 15 Jan 2014 02:14 CET | Korea, Republic of
South Korean telecommunications provider KT is testing LTE-A services in some areas of Gangnam, in southern Seoul. KT claims its ...

Korea ends 2013 with 2.48 mln MNVO customers

Published 10 Jan 2014 01:54 CET | Korea, Republic of
The number of MVNO customers in South Korea has doubled in 2013 to 2.48 million. These "thrifty" (altteul) subscribers now make ...

KT to request compensation from Thales Alenia - report

Published 09 Jan 2014 11:35 CET | Korea, Republic of
Thales Alenia Space will likely have to reimburse KT for a malfunction found in the solar panels on the Koreasat-5 satellite, a ...

SK leads in LTE speed, quality - study

Published 31 Dec 2013 09:11 CET | Korea, Republic of
SK Telecom offers the best LTE services, followed by KT and LG Uplus, the government said. The result was based on the latest ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
07 Dec SIPNOC 2020
07 Dec ECOC Exhibition
::: More Calendar Items