KT announced on the 16th that it will expedite cash payments totaling 119.4 billion won to small and medium-sized partner companies ahead of the Lunar New Year holiday. This time, KT Commerce and KT Alpha, among other group companies, also participated.
KT expedites payments to partner companies every holiday to support them and is helping ease financial difficulties through a low-interest cooperative fund worth 100 billion won. Additionally, to strengthen ethical management, it is implementing the "Clean KT Campaign," which prohibits the exchange of gifts among stakeholders, and in unavoidable cases, they are returned or donated.
KT is one of six corporations that have received the highest rating for 10 consecutive years in the cooperative growth index evaluation, consistently operating its cooperative programs. Lee Won-jun, head of KT's purchasing department, said, "We will strive to grow alongside our partners and develop the AICT ecosystem."