KT (KT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
KT Corporation has announced a significant strategic partnership with Microsoft Corporation that includes a $450 million infrastructure supply deal and collaborative efforts in areas such as AI development, cloud services, and global market initiatives. The partnership, slated to run from September 2024 to September 2029, aims to boost the domestic AI ecosystem, establish Korea-specific secure public cloud services, and invest in joint talent development programs.
For further insights into KT stock, check out TipRanks’ Stock Analysis page.
