KT Corp.'s Q4 operating profit plunged over 60% quarter-on-quarter as the telecom giant booked 230 billion won ($174 million) in one-off compensation costs following a major hacking incident, with further subscriber losses expected in early 2026.
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https://en.infomaxai.com/news/articleView.html?idxno=100275
'Hacking Scandal' Hits KT as Q4 Operating Profit Plunges—Compensation Costs Estimated at 230 Billion Won

KT Corp.'s Q4 operating profit plunged over 60% quarter-on-quarter as the telecom giant booked 230 billion won ($174 million) in one-off compensation costs following a major hacking incident, with further subscriber losses expected in early 2026.

Yonhap Infomax
KT rules out the possibility of a big bath related to hacking compensation costs, reassuring investors about its financial stability.
#YonhapInfomax #KT #Hacking #CompensationCosts #BigBath #FinancialStability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97745
KT Says Hacking Compensation Costs Unlikely to Lead to Big Bath

KT rules out the possibility of a big bath related to hacking compensation costs, reassuring investors about its financial stability.

Yonhap Infomax
South Korea's KCC has ordered SK Telecom to fully waive early termination fees for mobile service cancellations by year-end, and to cover 50% of penalties for bundled service cancellations, following a major hacking incident that led to a net outflow of 720,000 subscribers and significant compensation costs.
#YonhapInfomax #SKTelecom #EarlyTerminationFee #KCC #SubscriberOutflow #CompensationCosts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78004
KCC Orders SK Telecom to Fully Waive Early Termination Fees for Mobile Service Cancellations by Year-End

South Korea's KCC has ordered SK Telecom to fully waive early termination fees for mobile service cancellations by year-end, and to cover 50% of penalties for bundled service cancellations, following a major hacking incident that led to a net outflow of 720,000 subscribers and significant compensation costs.

Yonhap Infomax