KT Corp (NYSE:KT) Q3 2018 Earnings Conference Call - Final Transcript

Nov 02, 2018 • 02:00 am ET

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KT Corp (NYSE:KT) Q3 2018 Earnings Conference Call - Final Transcript

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Q & A
Operator
Operator

[Foreign Speech]

The Q&A session will begin. [Operator Instructions]

[Foreign Speech]

The first question will be provided by Jong In Yang from Korea Investment. The second question will be provided by Hoi Jae Kim from Daishin Securities. Please go ahead with your question.

Analyst
Jong In Yang

[Foreign Speech]

Thank you for the opportunity to ask question. There are two questions that I would like to ask you. First is about your IPTV services, right now in your policy. We do understand that other service providers are interested in acquiring those. So I would like to know if KT also is very interested in this area.

The second question that I would like to ask you is about your 5G services. What do you believe your 5G network strengths would be versus your competitors? And do you believe that having a 5G network deployed out early on would actually help your services in itself? And so if that is the situation for the early services that you will be launching first what type of services will you be offering?

Executive
Kyung-Keun Yoon

[Foreign Speech]

So maybe to address your question about our pay broadcasting services or pay TV services for -- as for the topic of a acquisition of an MSO we have reviewed this issue in relation to maybe providing more growth initiatives for Skylife. However, we have not made any determination on this topic yet.

[Foreign Speech]

And next maybe to address your question about what our strengths are versus our competitors. First through the PyeongChang Olympics, we for the first time in the world, have been able to provide a commercial level service in the 28 gigahertz frequency. So as a -- in terms of the network and as a result of that we have the experience and have been able to accumulate it in providing end-to-end services. As a result of that when you do provide services there could be various challenges that you face. We have been able to overcome those. And also have the experience of have reached optimization. So when we go for full commercial services we do believe that this will be a strength that we will have to differentiate ourselves versus our competition.

[Foreign Speech]

In addition, if we look at the issue from a infrastructure perspective, if we look at our fixed line infrastructure nationwide we already have it at a giga level. So in the future on the wireless side when we introduce 5G services we do believe that this strong fixed line infrastructure will enable us to decrease our capex requirements. And as a result of that we do believe that versus our competition we would be able to make more efficient capex investments.

[Foreign Speech]

In addition, in order to improve the capex efficiency and also the user experience, we will make sure that our 5G technology development and our network related investments would be closely linked to our existing network. And that would be our position.

[Foreign Speech]

And next to talk about our