Korea Telecom MegaTV reaches 700,000 subscribers

KT Corporation (Seoul:030200)(NYSE:KTC) has published its second quarter (end-June) 2008 business report. KT reached 705,856 subscribers for its ‘MegaTV’ IPTV service at the end of the quarter, up from 567,230 at the end of March.

Mega TV:

               Jun-07  Jul-07  Aug-07  Sep-07  Oct-07  Nov-07  Dec-07
              ------- ------- ------- ------- ------- ------- -------
Subscribers    55,254  65,221  74,999 148,354 233,809 296,912 324,609

               Jan-08  Feb-08  Mar-08  Apr-08  May-08  Jun-08
              ------- ------- ------- ------- ------- -------
Subscribers   390,027 495,913 567,230 608,734 636,536 705,856

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