KT Corp. Files 2020 Annual Report on Form 20-F

Rhea-AI Summary

KT Corporation (NYSE: KT) has filed its Annual Report on Form 20-F for the year ended December 31, 2020, with the SEC. The report is accessible on KT's English website and the SEC's Edgar database. KT Corporation is South Korea's largest integrated telecom provider, offering services in mobile, broadband, IPTV, and B2B communications, boasting strong market shares. The company is also focused on digital transformation services, including IDC and cloud solutions. Shareholders can request a hard copy of the report with audited financial statements by contacting the IR department.

Positive

• Strong market presence in mobile, broadband, IPTV, and B2B communications.
• Leading position in digital transformation services including IDC and cloud solutions.
• Accessible annual report with financial metrics for investor transparency.

Negative

• None.

SEOUL, South Korea, May 3, 2021 /PRNewswire/ -- KT Corporation (NYSE: KT), South Korea's largest telephone and Internet company, announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2020 with the Securities and Exchange Commission of the United States. The report can be accessed on KT's English website at https://corp.kt.com/eng in the Investors section under Business Report as well as the SEC's Edgar database at www.sec.gov. Shareholders may also request a hard copy of the Annual Report that includes audited financial statements of 2020, free of charge, by sending an e-mail to the Company's IR department at ktir@kt.com.

About KT Corporation (KRX: 030200; NYSE: KT) 

KT Corporation is the largest integrated telecom and digital platform service provider based in South Korea. Principal services include mobile, Broadband, IPTV, B2B communications, fixed-line telephony. The Company has strong market presence in Broadband, and media services, fixed-line telephony by maintaining the No.1 market share positions. Also, the company has the No.1 player in B2B communications and expand to the digital transformation services (IDC, Cloud, AI, etc.) Additionally, the Company possesses a well-balanced portfolio of diverse subsidiaries such as media/content, financial services, real estate developments and commerce.

Forward-Looking Statements

This communication contains "forward-looking statements" that are based on our current expectations, assumptions, estimates and projections about us and the industries in which we operate. The forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "estimate," "expect," "intend," "project," "should," and similar expressions. Those statements include, among other things, the discussions of our business strategy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources. We caution you that reliance on any forward-looking statement involves risks and uncertainties, and that although we believe that the assumptions on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and, as a result, the forward-looking statements based on those assumptions could be incorrect. The uncertainties in this regard include, but are not limited to, those identified in the risk factors discussed above. In light of these and other uncertainties, you should not conclude that we will necessarily achieve any plans and objectives or projected financial results referred to in any of the forward-looking statements. We do not undertake to release the results of any revisions of these forward-looking statements to reflect future events or circumstances.

View original content:http://www.prnewswire.com/news-releases/kt-corp-files-2020-annual-report-on-form-20-f-301282030.html

SOURCE KT Corp.

FAQ

When did KT Corporation file its Annual Report on Form 20-F?

KT Corporation filed its Annual Report on Form 20-F on May 3, 2021.

Where can I access KT Corporation's Annual Report?

KT Corporation's Annual Report can be accessed on their English website and the SEC's Edgar database.

What financial year does KT Corporation's 20-F report cover?

The 20-F report covers the financial year ended December 31, 2020.

What services does KT Corporation provide?

KT Corporation provides mobile, broadband, IPTV, B2B communications, and digital transformation services.

Is KT Corporation the largest telecom provider in South Korea?

Yes, KT Corporation is the largest integrated telecom provider in South Korea.