South Korean wireless carrier KTF said it plans to double its wireless data revenues by 2007. According to the carrier's new CEO Cho Young-chu, KTF plans to increase its wireless data service revenue as a portion of total annual sales to over 20 percent by the end of 2007, up from its current 10 percent level. KTF said it plans to become the leading next-generation wireless carrier offering converged WCDMA and digital multimedia broadcasting (DMB) data services. KTF is South Korea's second-largest wireless carrier with 12.23 million subscribers.
For more on KTF's aggressive data growth plans:
- check out this piece from The Korea Times