My first question is related to the video OTT service season that you have recently launched, which you have mentioned that the subscribers growing very quickly, to the extent you can share, can you actually talk about the future market or landscape -- competitive landscape, as well as key milestone? [Foreign Speech] Good morning and good evening. [Operator Instructions]The first question will be provided by Hoi Jae Kim from Daishin Securities. Let's conquer your financial goals together...faster. World Gold Forum . Crisis and challenge await, but rather, this is an opportunity for KT. (MFTranscribers) Thank you participants for your time, despite your busy schedule. BARCELONA, Spain and SEOUL, South Korea, Feb. 24, 2019 /PRNewswire/ -- Mobile World Congress -- Cisco today announced its collaboration with KT Corp. on the launch of a first-of-its-kind flexible and automated commercial 5G mobile network platform. See you at the top! HOME; Investor Relations; IR Library; Annual Report; Search But, to be frank, we believe that we need to do better. Net income was KRW226.6 billion, down 12.8% Y-o-Y, and EBITDA was KRW1.2958 trillion, down 1% Y-o-Y.On the next page, I will talk about our operating expense.In 2020 Q1, operating expense was KRW5.4486 trillion, up 0.3% on year through continued cost controlling efforts.On the next page, I will explain KT's financial highlights.As of the end of 2020 Q1, debt to equity ratio was 116.5%, down 9.1 percentage points on year and net debt ratio was 37.6%, up 10.2 percentage points on year.At the beginning of this year, we presented our annual capex guidance to be around KRW3.1 trillion. And if you've got any guidance at the end of this year, are you still expecting a significant chunk of your handsets to be on 5G by the end of 2020 or the slowdown changed your view on that?The second thing you mentioned in your presentation was just a change in accounting rules relating to points that are redeemed. Next I will talk about our capex.Total capex spent in 2019 was KRW3,256.8 billion. [Operator Instructions]Now we would like to turn the conference over to Mr. Seung-Hoon Chi, KT IRO.Good afternoon. Franco-Nevada Adds to Royalties Portfolio and Initiates New ATM Equity Program With the greater number of net subscribers, coupled with the platform income from VOD and advertisements, IPTV revenue grew 15.4% Y-o-Y to KRW1.6 trillion on a non-consolidated basis.KT has recently launched the new OTT Season, which enables users to receive AI based content recommendations and experience high definition video and high resolution audio. Please go ahead, sir.I have two questions. Wireless service revenue and ARPU, which had been on a downward cycle, due to the impact of greater tariff discount have also been growing every quarter with the increase in the 5G subscriber base. But of course, if you look at what's going to happen in Q2, Q3, you'll be starting off with a low base effect. And the following question will be presented by Neil Anderson from HSBC. The formerly state-owned firm is South Korea's first telecommunications company and as such it dominates the local landline and broadband Internet market, serving about 90 percent of the country's fixed-line subscribers and 45 percent of high-speed Internet users. Translated by Lee Se-Min, Random House Korea, p.135. So the framework has not actually changed, but for more details we will set up a separate communication channel to deliver more information to at a later time. Mr. Joonsop Kim, please go ahead, sir.I have two questions. Thank you. I was just wondering if you can give any clarity as to how much this impact has in quarter on a seamless just only affected your mobile service revenue, is that correct?

And we will close the 2019 Annual Earnings Conference Call.Stock Advisor launched in February of 2002. Global Business Inquiry Got a Question? I am KT's CFO Kyung-Keun Yoon. Presently, the world is waging a fight with an invisible enemy called the COVID-19. KT's PEG has been as high as 0.90 and as low as 0.53, with a median of 0.82, all within the past year. And in the first quarter, we have expanded our 5G age group, with the launch of the 5G Y Teen [Phonetic] tariff plan for the teens and the Y Super Plan for the 20 [Phonetic]. KT Corp Q4 2019 ... KT IRO.

July 9, 2020.

(MFTranscribers) But as I have mentioned previously related to the new tariff plans that we have announced and are selling to the market, we are using these upselling opportunities to continue to do better.And furthermore, with the impact of COVID-19, we have seen a drop in the roaming revenue and also a slowdown in the growth of net additions, but we continue to see growth momentum in the 5G services. But can you give us additional information related to what the stand-alone KT's full-year operating profits would look like and also, if possible, give a little bit more information to us related to what the depreciation will be for this year.My second question is related to the overall turnaround that KT will be recording. Stock Market The Cisco Customer Experience team managed the design, implementation and deployment of the solution on time.The end-to-end network includes a 5G routing backbone with Cisco Network Convergence System Router 6000 and ACI on Nexus 9000 switching platform at KT's distributed data centers. Two quick questions if you don't mind, just firstly on the take-up of 5G, just seen that the net adds obviously in the last few months of the year of 2019 did slow down quite considerably. You have already -- have successfully done the turnaround for the wireless service revenue, and your wireless ARPU is higher compared to other two companies, and that is why I am interested in what sort of guidance you can share with the market related to the KT's performance in wireless service. And when you expect handsets to become available that will support that?Second is relating to the enterprise side. Please go ahead with your question.Hi, there.