South Korea’s fixed line telephone and internet company KT Corporation has forged a strategic alliance with NTT Corporation to develop new business models using next-generation broadband technologies.

South Korea’s fixed line telephone and internet company KT Corporation has forged a strategic alliance with NTT Corporation to develop new business models using next-generation broadband technologies. The financial terms and other details have not been disclosed. However, KT is likely to invite other regional telecom players to participate in the forum.