Korea Telecom

Korea Telecommunications Corporation (KT), the largest telecommunication company in Korea, was established on December 10, 1981, under the Public Sector Conversion Plan to separate the communications division from the Ministry of Communications (now the Ministry of Information and Communications) for the effective management of the electrical communications business, with the aim of improving national convenience and public welfare. In the early years of its establishment, KT focused on the supply of telephone facilities in order to achieve mass communications, and by 1993 it had expanded the number of telephone lines from 4.5 million in 1982 to 20 million, laying the groundwork for the early completion of informatization.