[Korea.net News, Economy / Industry, December 11 2007] KT aims to post 12 tril. won in sales in 2008

KT Corp., Korea’s largest fixed-line Internet and telephony operator, said Tuesday (Dec. 11) that it aims to post 12 trillion won ($13 billion) in sales in 2008 by seeking new growth engines.

"Since the 2002 privatization, we have continued to work on innovating the company, but sales have remained stagnant at around 11 trillion won," KT CEO Nam Joong-soo told a press conference.

"We see the year 2008 as a turning point when sales figure will exceed the 12-trillion won barrier thanks to efforts in expanding the overall customer base."