KT Corp. Net Misses Estimates On Costs, Smartphone Discounts

The KT Corp. logo is displayed outside a branch office in Seoul, South Korea, on Friday, Aug. 5, 2011. KT Corp., South Korea's largest phone and Internet company, posted second-quarter profit that missed analysts' estimates on higher spending and discounts to lure smartphone users. Photographer: SeongJoon Cho/Bloomberg via Getty Images

KT Corp. Net Misses Estimates On Costs, Smartphone Discounts
The KT Corp. logo is displayed outside a branch office in Seoul, South Korea, on Friday, Aug. 5, 2011. KT Corp., South Korea's largest phone and Internet company, posted second-quarter profit that missed analysts' estimates on higher spending and discounts to lure smartphone users. Photographer: SeongJoon Cho/Bloomberg via Getty Images
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Bloomberg / Contributor
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120356829
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Bloomberg
Date created:
August 05, 2011
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KT EARNS