The telco saw digital and media services grow, but demand for traditional services declined in 2020.
KT has on Tuesday announced recording 23.9 trillion won in sales and 1.18 trillion won in operating income for the entire year of 2020. Sales declined 1.7% from a year ago while operating income grew 2.1%. The telco said its areas of growth were digital and media services for 2020, similar to its compatriots SK Telecom and LG Uplus. The company’s IPTV business saw sales increase by 7.7% from 2019, while its content business, which offers music streaming and online advertisement, grew 9.
