KT Corp.: Multiple Positives (Rating Upgrade)

My earlier April 4, 2024 write-up touched on the favorable and unfavorable read-throughs from the latest events concerning KT. In the current article, I draw attention to the multiple positives for KT Corporation. These include a positive capital return outlook, an improvement in competitive dynamics for the company's telecommunications business, and a new partnership with Microsoft (MSFT). As such, KT is deserving of a rating upgrade to a Buy. Elevator Pitch Shareholder Capital Return Outlook Has Turned Po ...