The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. KT is cruising on tailwinds, characterized by: 1) stable growth at its telecom business alongside expanding 5G market penetration; and 2) meaningful earnings performances at its growth businesses
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. With its acquisition of HCN now completed, SkyLife’s pay-TV subscriber numbers and earnings are primed to grow. Moving ahead, the M&A should drive up SkyLife’s EV by boosting the competitiveness
The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. With its subscriber number on the decline due to the limitations of satellite broadcasting, concerns over SkyLife’s growth potential continue. However, if its HCN takeover plan is approved, the
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY and TP of KRW36,000 We maintain BUY on KT and our TP of KRW36,000. We are bullish on KT given a favorable shareholder return policy, robust wireless earnings (driven by higher ARPU and effic
The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. SkyLife has paved the way for subscriber growth through the acquisition of Hyundai HCN. While it will likely take some time before the Korea Communications Commission grants approval for the ta
Netflix will expand investment in Korean and Asian content creators and deliver their products to the global audience, said Reed Hastings, the founder and CEO of the global video streaming service provider, in Busan on Nov. 25.Hastings was a keynote speaker of the Cultural Innovation Forum, which wa
The Fair Trade Commission (FTC) of Korea has decided to look into competition in the over-the-top (OTT) industry. It will zero in on YouTube and Netflix which are growing rapidly in the Korean market.The FTC believes that Korea’s regulatory system for the broadcasting industry has failed to keep up
Mobile carrier SK Telecom and Korea’s three terrestrial TV broadcasters will merge their over-the-top (OTT) video service platforms into one to better compete with Netflix and YouTube, the global leaders in OTT services. The new OTT platform with more than 13 million subscribers is expected to chall
A big change is expected to take place in the Korean media industry next year as LG U+ is set to distribute Netflix content through U+ TV, its IPTV service, and plans to acquire cable TV system operators.LG U+ and Netflix are close to completing their deal. They will announce their contract soon aft
A high-ranking official at Netflix, a global video streaming company, will pay a visit to the Korea Communications Commission (KCC) to discuss regulatory issues and cooperation with Korean companies.According to the KCC on June 11, Netflix’s top lawyer David Hyman will visit the KCC and meet with Ya
CJ E&M announced on January 11 that it will open its first overseas Korean movie channel “tvN Movies” in Singapore.“tvN Movies” signed a broadcasting agreement with StarHub, the largest pay-TV service provider in Singapore, and will air a total of 200 Korean movies such as action films, comedies, ro
Korea is emerging as a battleground for global media giants. Netflix which started domestic service early this year participated in production of Korean TV shows and films and acquired their exclusive overseas broadcasting rights. YouTube is promoting K-pop star “Big Bang” as a core content of its p