Hoi Jae Kim's questions to KT Corp (KT) leadership • Q4 2024
Question
Hoi Jae Kim from Daishin Securities questioned the future CapEx forecast, including the timing of the next 5G/6G investment cycle and costs for AI model training. He also asked for specifics on the shareholder value plan and sought clarification on whether the KRW 250 billion share buyback would be an annual commitment through 2028.
Answer
CFO Min Jang stated that total CapEx is planned to remain flat at 2024 levels, as lower B2C investment will be offset by higher AICT and IT spending. He clarified that significant 6G investment is unlikely for 2-3 years. Regarding the shareholder return plan, he confirmed the KRW 250 billion buyback and cancellation for the year, noting it is highly possible this amount will be repeated annually through 2028, contingent on profit growth and pending board approval.