MNO handset subscriber net add: approximately 210,000 in Q1 (CFO).
AI data center revenue maintained year-over-year growth, driven by Pangyo Data Center and higher utilization of Gasan Data Center (CFO).
Construction of Ulsan AI Data Center is underway; plans to build new data centers in areas including Seoul (CFO).
Fixed-line business achieved continued subscriber net adds, increased share of higher price plans (including Giga price plan), and stronger subscriber retention (CFO).
Dividend per share for Q1: KRW 830 (CFO).
No CapEx, FCF, RPO/backlog figures stated.
Official guidance: No forward guidance ranges provided for next quarter or full year.
Mgmt quotes
"The first quarter was a significant period in which this direction began to translate into actual results." (CFO)
"We were able to post earnings similar to the levels prior to the cybersecurity incident." (CFO)
"We are pleased that we were able to deliver on the promises that we made during the last earnings call." (CFO)
"We will make every effort to restore the dividend level by normalizing earnings on a full year basis." (CFO)
"New opportunities are emerging for our AI data center business due to the surge in demand for AI data centers from global tech companies." (CFO)
Prepared Metrics
Metric
Value
Speaker/Context
Consolidated Revenue
KRW 4.39 trillion
CFO, Q1 2026
Consolidated Operating Income
KRW 537.6 billion
CFO, Q1 2026
MNO Handset Subscriber Net Add
~210,000
CFO, Q1 2026
Dividend Per Share (Q1)
KRW 830
CFO, Q1 2026
Q&A Batch (1-2 of 2)
Q1 — Seung Woong Lee
Topic: Shareholder return plan & full-year earnings outlook
Capital reserves of KRW 1.7 trillion transferred to retained earnings in March 2026 to enable tax-exempt dividends from 2026 year-end.
Full-year goal: improve earnings further from current levels, aiming to exceed pre-incident levels.
Mgmt stance: Neutral – no specific full-year dividend size given; board will decide after earnings materialize; committed to restoring dividend to previous levels.
Q2 — Joonsop Kim
Topic: MNO subscriber market share & AI DC profitability
Key points:
Q1 2026: net addition of handset subscribers achieved; handset subscriber base started 2026 down ~986,000 year-over-year.
AI DC revenue in Q1 increased 89% year-over-year.
AI DC profitability not disclosed; management states it is comparable to existing telecom business with room to improve.
B2B strategy revised to focus on AI full-spec capabilities; data center business showing meaningful growth.
Mgmt stance: Neutral – no specific subscriber market share target given; AI DC profitability indicators not disclosed due to market conditions, but business considered key growth driver.