SK Telecom, KT and LG Uplus are facing continued pressure from the government to lower their customers monthly bill payments. However, according to industry officials and experts on Monday, concerns have been raised that such price cuts could lead to a reduction in their capacity to invest as well as decrease the overall level of industrial competitiveness.
KT is looking to transform into what it calls an AICT company, combining its telecommunications capabilities with artificial intelligence (AI) and information and communications technology (ICT), to become a digital innovation partner for its customers, its CEO Kim Young-shub said at the Mobile World Congress in Barcelona, Tuesday (local time).
KT Corp. CEO Kim Young-shub declared the company’s new vision that accelerates innovation and growth in information technology, artificial intelligence and communications technology. “Although KT is a leading telecom company in the world, it lacks IT competitiveness. We must make up for weak points by combining our CT and IT,” the CEO said at a press conference held on the sidelines of the Mobile Wo.
KT Corp. CEO Kim Young-shub declared the company’s new vision that accelerates innovation and growth in information technology, artificial intelligence and communications technology. “Although KT is a leading telecom company in the world, it lacks IT competitiveness. We must make up for weak points by combining our CT and IT,” the CEO said at a press conference held on the sidelines of the Mobile Wo.
KT is looking to transform into what it calls an AICT company, combining its telecommunications capabilities with artificial intelligence (AI) and information and communications technology (ICT), to become a digital innovation partner for its customers, its CEO Kim Young-shub said at the Mobile World Congress in Barcelona, Tuesday (local time).