New Street Research - KT Corp (ADR) (KTC) KT Corp (Buy, KRW 105,000, +73%) Q4 25 Quick Take: Dividend hiked more than expected and decent results

Report

New Street Research

Chris Hoare

EUR 8462.00 For Business Accounts Only

KT Corp (Buy, KRW 105,000, +73%) Q4 25 Quick Take: Dividend hiked more than expected and decent results

KT printed decent results; Total service revenue accelerated and management announced a 20% increase in dividend per share. As previously announced the company is also proceeding with a KRW 250bn share buyback and cancellation this year.

10/02/2026 1 EN

Underlying

KT Corp (ADR)

See profile

US48268K1016 Berlin Stock Exchange South Korea

Provider

New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

See profile

Analysts

Chris Hoare

Other Reports on these Companies

New Street Research

EM Telcos Pricing power returns; where best; why (some) EM Telcos’ multiples could double

The resumption of pricing power is one of the key drivers of the rally in EM Telcos and perhaps the area where consensus is most sceptical. In this note we analyse which markets have the greatest potential for sustained pricing power, looking at key issues: affordability and regulatory and competitive structure.

EUR 8462.00

February 26, 2026 February 26, 2026 1 EN

New Street Research

South Korean Telcos Explosive share price performance – is it sustainable?

One word I never expected to write in connection with Korean telco share prices is explosive. However, after a tough 2025, 2026 has started in spectacular fashion with all three up between 20 and 50% ytd, as the market wakes up to their combination of cheap valuation, improving returns and exposure to AI. This note runs through how the sector is delivering against “value up” strategies and likely progression going forward.

EUR 8462.00

February 25, 2026 February 25, 2026 1 EN

Televisa (Neutral, TP: $2.3, -20%) Q4 25: Mixed quarter; Fibre upgrade; Dividend suspended; Potential capital increase

Televisa reported a mixed set of Q4 results after the close yesterday. The company also announced plans to upgrade 6m homes with FTTH and highlighted it is analysing investment opportunities in the Mexican Telco space.

EUR 8462.00

8h / 10m 8h / 10m 1 EN

Dan Salmon

Dan Salmon

AMZN: OpenAI deal expands AWS top model offerings

OpenAI and AWS have agreed to expand their existing $38B agreement by $100B over eight years, including a commitment to “consume 2 gigawatts of Trainium capacity”. AMZN will be making a $50B investment in OpenAI as one of multiple investors, at a $730B pre-money valuation.

EUR 8462.00

9h / 20m 9h / 20m 1 EN

David Barden

David Barden

SBA Communications 4Q25 Results & Model Update

We are updating our model for SBAC (Neutral, PT $212) following its 4Q25 results that were generally behind on most metrics. As we mentioned in our initial take, the company’s 2026 guidance doesn’t show much to get excited about, however, we are interested to see the progression of its dispute with SATS. The company stated that it filed its lawsuit against SATS on 2/25/26 and removed the revenue from its guide in line with the balance of the industry. Separating itself from others in the industry, CEO Cavanaugh took a stronger tone in response to our question regarding removing SATS equipment ...

EUR 8462.00

9h / 21m 9h / 21m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

KT Corp (Buy, KRW 105,000, +73%) Q4 25 Quick Take: Dividend hiked more than expected and decent results

EM Telcos Pricing power returns; where best; why (some) EM Telcos’ multiples could double

South Korean Telcos Explosive share price performance – is it sustainable?

Televisa (Neutral, TP: $2.3, -20%) Q4 25: Mixed quarter; Fibre upgrade; Dividend suspended; Potential capital increase

AMZN: OpenAI deal expands AWS top model offerings

SBA Communications 4Q25 Results & Model Update

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe