CEO of the Three Major Telecom Companies Share New Year Plans
The CEOs of the three major telecommunications companies unanimously declared their commitment to accelerating digital innovation, including artificial intelligence (AI), this year. They pledged to transform beyond telecommunications companies into platform companies or global AI companies and to achieve tangible results.
Yoo Young-sang, CEO of SK Telecom, vowed to make this year a year of achievements as a global artificial intelligence (AI) company.
In his New Year's address on the 2nd, he stated that through three strategies?executing the AI pyramid strategy, visualizing AI company achievements, and improving corporate structure?SK Telecom will establish itself as a global AI company. The AI pyramid strategy refers to a phased approach shaped like a pyramid that combines 'self-strengthening,' which involves advancing AI technology and creating AI services to build close relationships with customers, and a 'collaboration' model centered on AI alliances.
He also announced plans to strengthen the company’s resilience by expanding the business-to-business (B2B) market and reorganizing revenue, cost, and asset structures, as well as improving operational systems such as organizational culture and management frameworks to align with the vision of a global AI company. CEO Yoo said, "With the No. 1 DNA that led the world’s top-level ICT innovation, I am confident that we will overcome crises and lead SKT to become a global top-tier AI company."
Kim Young-seop, CEO of KT, emphasized growth as a digital innovation partner. He said that since the organizational and personnel restructuring carried out last November, KT has stood at the starting line of innovation for growth to become a 'digital innovation partner' that creates a better future for customers, urging bold execution.
He also presented the direction that KT must transform into an ICT specialized company and evaluated that there is sufficient consensus among group employees. CEO Kim encouraged employees to take on challenges so that they can innovate together, grow together, and share fulfillment together.
Hwang Hyun-sik, CEO of LG Uplus, presented three core strategic keywords for this year: 'customer-centric,' 'digital transformation (DX),' and 'platform.' He stated that to continue growth amid uncertain internal and external environments, the company must become customer-centric, and to achieve this, it must strengthen DX capabilities and expand platform businesses.
CEO Hwang emphasized, "Since innovation in customer experience and success in platform businesses depend on DX capabilities, this year we will focus on raising the level of DX and translating it into results." In particular, he announced plans to strengthen platform competitiveness by applying LG Uplus’s super-large artificial intelligence (AI) called 'Ixigen.' Finally, he said, "All employees must recognize the importance of quality, safety, and security, and lay the foundation through continuous investment and securing specialized personnel."
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