Mobile Data Shores Up KT

KT of Korea said in early August that its second quarter operating revenues fell 3% year-on-year on a like-for-like basis to 4.87 trillion Korean won (3.93 billion US dollars) due to a reduction in fixed-line subscribers and an increase in discounts on mobile services.

However, overall wireless revenues fell just 0.3% shored up by a 9% rise in mobile data revenues as KT's customers adopted flat-rate data plans and made greater usage of messaging services. source: KT statement