NETMANIAS ONE-SHOT

November 14, 2014

KTs IPTV Subscribers (Q3 2014)

n Pay TV subscribers in Korea

n KTs Broadband Subscribers vs. IPTV Subscribers (Q1 2005 Q3 2014)

Subscribers [Million]

Subscribers [Million]

18

Cable: 14.8M

16

IPTV Subscription Rate

14

80.0%

12

6
10

IPTV: 8.61M

r
dy g
a
e
t
S

h
owt

5
4

2006

2007

2008

2009

2010

2011

V
IPT

Satellite: 4.18M

2012

2013

KT

Q3 2014: 10.1M

Subscribers [Million]

KT: 5.63M (55.7%)

1
su rea
bs so
cr n
ip fo
tio r s
n oa
in ri
Ko ng
re IP
a TV

Su

50.0%

3M
5.6

40.0%
30.0%
20.0%
10.0%

0.0%

2007

2008

2009

2010

2011

2012

2013

As of Q3 2014, KT has 8
million Internet
subscribers and 5.63
million IPTV subscribers,
with 69.5% of IPTV
subscription rate (% of
IPTV out of total
Internet subscription).
Followed by SK (55.1%)
and LG U+ (62.3%).

2014

n KTs Quarterly Revenue Overview

Q3 2014: $6B

KRW Billion
2,000.0

Mobile: $1.9B
revenu
e

1,500.0

SK: 2.61M (25.8%)

declinin
g

Wireline (Telephony, Broadband,

Lease Line): $1.4B
BC Card/KT Rental: $1.1B

1,000.0

No
.

TV
s IP

=
rs
be
i
r
b sc

60.0%

2006

n KTs IPTV subscriber growth (Q1 2005 Q3 2014)

Su

o
pti
cri
s
b

ate
nR

70.0%

%
9.5
6
=

Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3

90.0%

KTs Broadband Subscribers = 8.04M

Merchandise (Handset): $0.8B

2
500.0

Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3
Q4
Q1
Q2
Q3

r the
making up fo
nue
declined reve

LG U+: 1.88M (18.5%)

2006

2007

2008

2009

2010

2011

2012

2013

2014

0.0

Media(IPTV)/Contents: $0.4B
Others: $0.4B

1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q
10 10 10 10 11 11 11 11 12 12 12 12 13 13 13 13 14 14 14

Source: KT

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