KT Corp News

A planned deal between parastatal Telkom and South Korean telecommunications company KT Corporation may benefit employees, trade union Solidarity said on Tuesday.

KT Corp. reached an agreement with Telkom SA Ltd., Africa's largest fixed-line phone company, to buy a 20 percent stake in the South African telecommunications operator for a lower price than initially indicated.

KT Corp., South Korea's largest phone and Internet company, reported a decline in first-quarter profit after cutting call rates under an agreement with the government, while costs increased.

KT Corp. , South Korea's largest phone and Internet company, reported a decline in first-quarter profit after cutting call rates under an agreement with the government, while costs increased.

KT Corp. said Thursday that the company has saved 26 years of time over the past year thanks to its smart work program that started last April.