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South Korea - KT gives up on fixed-line telephony.

Telecompaper Africa/Asia

| October 31, 2011 | COPYRIGHT 2008 Financial Times Ltd. (Hide copyright information)Copyright

South Korean communications provider KT will stop investing in its fixed-line telephony services as mobile and internet communications are growing. The company will instead focus on smartphones and other mobile internet devices, the Korea Times reports. Seo Yu-yeol, head of KT's home customers division, said there was "no future" in …

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