KT Q3 operating profit falls 6.1% amid data breach compensation - Telecompaper
Korea Telecom (KT) reported a 6.1 percent year-on-year decline in third-quarter operating profit, citing data breach compensation and other factors.
For the three months ending September 30, 2026, KT's consolidated revenue decreased 1.8 percent to KRW 6.998 trillion (USD 5.2 billion). The company attributed the profit decline to several factors including a one-off property gain from the previous year, reduced wireless revenue following its customer appreciation program, and ongoing investments in artificial intelligence.
AI Expansion
Despite the current financial challenges, KT is accelerating its AI infrastructure development. The operator plans to increase its AI data center capacity to more than 1 GW by 2031, positioning itself for future growth in the AI sector.
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