KtRN posts $25.1m in losses

What you need to know:

  • Korea Telecom (KtRN), the monopoly wholesaler of 4G LTE, continues to make losses in the Rwandan market, with the latest figures showing the company made a $25.1 million loss in 2018.
  • The figures released by the United States Securities and Exchanges Commission show that although the company earned revenues of $13 million, it is still the worst performer in the whole of the Korea Telecom group.