2026-07-10 05:54
Economic Observation Network Korea Telecom has announced its AI transformation investment plan for the next three years, intending to invest $11.8 billion in related infrastructure construction and shift its strategic focus to AI infrastructure service providers.
Strategic Advancement:
The company announced an investment of approximately $11.8 billion over the next three years to transform into an AI platform company. Core investment includes: 1) 5 trillion Korean won construction of 1 GW AI data center; 2) 4 trillion Korean won upgrade network security and IT; 3) 1 trillion Korean won to lay submarine optical cables. This marks a shift in the company's strategic focus from traditional telecommunications operators to AI infrastructure service providers
The above content is based on publicly available information and does not constitute investment advice.
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