KT Bets on 'AX Platform' for Future Growth, Targeting Digital Finance and Token Factory

KT is embarking on a significant transformation, aiming to become an 'AX Platform Company' by investing heavily in artificial intelligence and related infrastructure. The company announced plans to inject approximately 12 trillion won over the next three years into its information security, IT, and network sectors. Furthermore, KT will allocate 6 trillion won over the next five years to build out its AI transformation (AX) infrastructure, which includes AI data centers and undersea cables.

This strategic pivot is designed to establish new growth engines for the company. A key focus will be on developing a 'Token Factory' and digital finance platforms built on stablecoins. These initiatives will leverage KT's unique strengths in telecommunications, particularly its expertise in billing and settlement capabilities, and apply them to AI services. The company envisions these platforms as the future of its business, moving beyond its traditional role as a telecom provider.

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We will invest a total of approximately 12 trillion won over three years in information security, IT, and network sectors, and 6 trillion won within five years in AX (AI transformation) infrastructure such as AI data centers and undersea cables. KT will leap forward as an AX Platform Company.

Park Yoon-young, a long-serving KT executive, is spearheading this ambitious plan. His strategy centers on integrating AI into the core of KT's operations and services. By investing in cutting-edge infrastructure and innovative digital financial services, KT aims to redefine its market position and secure a competitive edge in the rapidly evolving technological landscape.

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As new growth businesses, we will accelerate the establishment of a 'Token Factory' and a digital finance platform based on stablecoins, which combine the unique billing and settlement capabilities of a telecommunications company with AI services.