KT received a safe report card even in the case of micropayments and server hacking. This is because..

KT received a safe report card even in the case of micropayments and server hacking. This is because the cost of the accident has not yet been reflected. KT’s real crisis is expected to be at the end of the year when the USIM replacement, penalty exemption, and fines are felt.

KT announced on the 7th that it recorded sales of 7.1267 trillion won and operating profit of 538.2 billion won in the third quarter of this year based on consolidated financial statements. Compared to the same period last year, it increased by 7.1 percent and 16 percent, respectively. Net income rose 16.2% to KRW 445.3 billion during the same period.

The growth of major group companies such as cloud, data center (DC), and real estate and the profit of one-time apartment sales from the development of the Gangbuk headquarters site had a positive impact. KT plans to continue a stable sales flow based on its new artificial intelligence (AI) business.

Sales of the wireless business were calculated to be KRW 1.7336 trillion. Compared to the same period last year, it was up 4.7 percent. 5G subscribers accounted for 80.7% of all handset subscribers. The average sales per subscriber (ARPU) was also tallied at 35,295 won, up 2.1% from the same period last year.

Fixed-line business sales increased 1.5% to KRW 1.3319 trillion compared to the same period last year. Specifically, Internet services contributed to growth to 636.7 billion won, up 2.3% year-on-year, and media services to 534.4 billion won, up 3.1% year-on-year.

Corporate service sales stood at 932.7 billion won. It is KT’s juicy food, but it increased only 0.7% compared to the same period last year. Sales of AI and information technology (IT) decreased due to the improvement of some business structures and the base effect of design, construction, and operation (DBO) projects.

The group’s advancement was also outstanding. KT Cloud continued its growth with data centers and cloud-to-track. Orders for AI cloud projects are expanding around the public sector, and the completion of the Gasan AI data center is expected.

KT Estate made 186.9 billion won in sales. It soared 23.9 percent year-on-year. The demand for accommodation in the office rental and hotel sectors and the opening of new hotels were effective. Sales of content subsidiaries, including KT Nas Media and KT Studio Genie, fell. As original content production decreased, it remained at 153.3 billion won, down 1.8% from the same period last year.

BC Card earned 918.3 billion won, down 1.4% from the same period last year. On the other hand, K-Bank has grown in size. As of the end of September, the number of subscribers reached 14.97 million. The balance of receipt accumulated 30.4 trillion won and the balance of loans accumulated 17.9 trillion won.

KT Chief Financial Officer Jang Min said, “We will make restoring customer trust a top priority, implement customer protection measures quickly, and do our best to strengthen the information protection system and network management.”

It hasn’t been reflected in bad news yet…KT “Best to deal with accidents”

The telecommunications industry is concerned about a slump in the internal atmosphere because the performance does not reflect the risk of cyber infringement. This is because free replacement of USIM, subscriber departure, penalty exemption costs, and the possibility of imposing fines are expected to deal a significant blow to the fourth quarter’s performance.

There are 368 subscribers who have experienced direct financial damage and 22,227 subscribers who exchanged signals with illegal ultra-small base stations, but it is estimated that the replacement cost alone will be 100 billion won as KT decided to replace the USIM free for all subscribers.

Sanctions and fines from telecommunications authorities are also burdensome. A joint public-private investigation team investigating the recent KT hacking incident announced at an interim investigation briefing that KT did not report 43 servers to related agencies even though it knew they were infected with malicious codes last year. At that time, the server stored the subscriber’s name, phone number, email address, and terminal identification number (IMEI).

KT says there are signs that hackers were trying to break in, but it has not found any circumstances in which personal information was leaked, but considering the scale of SK Telecom’s information leakage, KT is also estimated to have lost a lot of information. The Personal Information Protection Committee has also launched an intensive investigation into KT. Previously, the National Security Council imposed a fine of 134.79 billion won and a fine of 9.6 million won on SK Telecom.

KT will take the results of the interim investigation by the public-private joint investigation team seriously and will cooperate closely with related agencies. In addition, efforts will be made to protect damage and prevent recurrence. If you wish to change your USIM from the 15th, you can change it for free. In addition, it operated a customer center dedicated to dealing with accidents 24 hours a day, and deployed safety and safety counselors to 2,000 branches nationwide.