KT Corp Files 6-K Report

TL;DR

KT Corp filed its 6-K, confirming 20-F reporting. Standard update.

AI Summary

KT Corporation filed a Form 6-K on April 24, 2024, reporting for the month of April 2024. The filing indicates that KT Corporation, formerly Korea Telecom, is a foreign private issuer and will file its annual reports under Form 20-F. The company's principal executive offices are located at 90, Buljeong-ro, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea.

Why It Matters

This filing provides routine updates for investors regarding KT Corporation's status as a foreign private issuer and its reporting obligations with the SEC.

Risk Assessment

Risk Level: low — This is a routine filing that does not contain new financial information or material events.

Key Players & Entities

• KT Corporation (company) — Registrant
• Korea Telecom (company) — Former company name
• Form 6-K (document) — Filing type
• Form 20-F (document) — Annual report form
• April 24, 2024 (date) — Filing date

FAQ

Filing Documents

• d808098d6k.htm (6-K) — 1349KB
• g808098g0423172624831.jpg (GRAPHIC) — 1KB
• g808098g0423172625464.jpg (GRAPHIC) — 1KB
• g808098g0423172626004.jpg (GRAPHIC) — 15KB
• 0001193125-24-108363.txt ( ) — 1373KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: April 24, 2024 KT Corporation By: /s/ Youngkyoon Yun Name: Youngkyoon Yun Title: Vice President By: /s/ Sanghyun Cho Name: Sanghyun Cho Title: Director Table of Contents ANNUAL REPORT OF KT CORPORATION (From January 1, 2023 to December 31, 2023) (Translation of the Annual Report filed in Korean with the Financial Supervisory Service of Korea) Table of Contents Table of Contents I. Corporate Overview 1 II. Business Details 6 III. Financial Information 33 IV. Auditors Opinion 36 V. Management and Affiliated Companies 39 VI. Shareholder Information 67 VII. Directors, Senior Management and Employees 68 Independent auditors reports on both Consolidated and Separate financial statements were filed to the SEC respectively on March 19, 2024. Report for Consolidated and Separate financial statements : File Number 001-14926 / Film Number 24761006 THIS IS A SUMMARY OF THE ANNUAL REPORT ORIGINALLY PREPARED IN KOREAN WHICH IS IN SUCH FORM AS REQUIRED BY THE KOREAN FINANCIAL SERVICES COMMISSION. IN THE TRANSLATION PROCESS, SOME PARTS OF THE REPORT WERE REFORMATTED, REARRANGED OR SUMMARIZED FOR THE CONVENIENCE OF READERS. UNLESS EXPRESSLY STATED OTHERWISE, ALL FINANCIAL INFORMATION CONTAINED HEREIN IS PRESENTED ON A CONSOLIDATED BASIS IN ACCORDANCE WITH THE INTERNATIONAL FINANCIAL REPORTING STANDARDS ADOPTED FOR USE IN KOREA (K-IFRS) WHICH DIFFER IN CERTAIN RESPECTS FROM GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN CERTAIN OTHER COUNTRIES, INCLUDING THE UNITED STATES. THE COMPANY HAS MADE NO ATTEMPT TO IDENTIFY OR QUANTIFY THE IMPACT OF THESE DIFFERENCES. Table of Contents I. Corporate Overview 1. Overview A. Name of company : KT Corporation B. Overview of Subsidiaries (As of December 31,

Financial statements for the 42 nd , 41 st , and 40 th fiscal years are in accordance with K-IFRS No. 1116

Financial statements for the 42 nd , 41 st , and 40 th fiscal years are in accordance with K-IFRS No. 1116 A. ICT : KT KT operates wireless communications services for individual and corporate customers such as wireless communications, high-speed Internet, and corporate lines, pay TV services such as IPTV, and platform-based B2B businesses such as IDC, Cloud, and AI/DX. In addition to solid growth in the traditional telecommunications industry, we are accelerating innovation in non-telecom sectors such as media, finance, and B2B with our customer-centric platform. B. Satellite TV : Skylife KT Skylife is leading the domestic HD broadcasting service market by commercializing H.264 based multi-channel HD for the first time in Korea. It is launching Koreas largest UHD multi-channel service and reflecting customer trends that aim for rational consumption with 30% discount home combination products. In October 2020, it launched SkyLife Mobile, an affordable phone service, and started selling three types of combined products (TPS) including affordable phones, satellite broadcasting, and the Internet. 6 Table of Contents On September 30, 2021, KT completed the acquisition of Hyundai HCN, a comprehensive wired broadcasting operator, and expanded its wired subscriber base. Skylife TV, a subsidiary of KT Skylife, is a broadcasting channel user operator and has 12 channels including the representative channel ENA. C. Real Estate: KT Estate KT Groups real estate business continues to pursue stable growth through an asset-focused business strategy and periodic portfolio strategy updates that reflect real estate market fluctuations, product selection, maximizing asset value and creating new spaces that reflect innovative ICT technology. The performance of existing Novotel, Andaz, and Sofitel hotels grew significantly year-on-year due to the pandemic, followed by the successful opening of Myeongdong Le Meridien and Moxy in November 2022, contributing to revenue

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View this 6-K filing on SEC EDGAR