In today’s briefing:
- KT CORPORATION: Fines, Favoritism, and ESG Risks
KT CORPORATION: Fines, Favoritism, and ESG Risks
- Domestic telecom company faced significant fines for false advertising of 5G, the second-largest penalty ever imposed.
- Investigations into the telecom market, dominated by a long-term duopoly, are expanding.
- Within KT Group’s subcontracting process, allegations of favoritism and manipulation in project allocation are currently under investigation by the prosecution.
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