KT unveils W18tr AI push under new CEO

KT announced Monday that it will invest 18 trillion won ($12 billion) in the next three years to accelerate its shift into an AI-driven platform company, while reinforcing its core telecom, security and network infrastructure.

The plan, unveiled by CEO Park Yoon-young at his first press conference since taking office in March, marks one of the telecom carrier’s most aggressive investment pushes as it seeks growth beyond its traditional mobile and broadband business.

“KT’s fundamental role in con ...