- Associated Press - Thursday, April 12, 2012

SEOUL, SOUTH KOREA (AP) - South Korea’s largest fixed-line telephone company is trying to capitalize on the worldwide popularity of Korean pop music, or K-pop, to increase revenue from overseas.

KT Corp. plans to roll out a mobile application of its online music streaming service this year and promote its video joint venture as a platform for broadcasting live concerts of K-pop stars.

KT Chairman Lee Suk-chae said Thursday that telephone companies “will not just be a provider of dumb pipes.”

The move by KT Corp. to use its iTunes-inspired music service and online broadcasting firm to attract overseas audiences, is aimed at getting more control over content on its network.

Copyright © 2016 The Washington Times, LLC.

blog comments powered by Disqus

 

Click to Read More

Click to Hide