KT sells entire stake in Malaysian U Mobile
South Korea's KT said Tuesday it sold its entire 16.5% stake, or around 62.6 million shares, of the Malaysian cellphone company U Mobile, a KT spokeman told Dow Jones Newswires.
Korean telecom powerhouse KT Corp. said Thursday its financial affiliate is considering buying a local credit card company, but added no decision has been made, Yonhap News reported.