July 30 - KT Corp (030200.KS), South Korea's top fixed-line operator and No. 2 mobile carrier, reported a 24 percent rise in quarterly operating profit, helped by healthy customer demand for its smartphone and Internet TV services.
KT, the exclusive seller of Apple's (AAPL.O) iPhone in the South Korean market, reported a 601.4 billion won ($507.3 million) operating profit in the three months to June. Analysts had forecast a profit of 599 billion won, according to Thomson Reuters I/B/E/S.
In the second quarter of last year, KT reported an operating profit of 483.4 billion won on a proforma basis, assuming the acquisition of its mobile business was completed in January 2009. KT earned a net profit of 372.5 billion won in the first quarter. (Reporting by Seo Jiwon, Editing by Jonathan Hopfner)