May 31 (Reuters) – KT (030200.KS), South Korea’s top fixed-line operator and No. 2 mobile carrier, said on Monday it would offer Google’s (GOOG.O) Nexus One smartphone from late June, building on its success with Apple’s (AAPL.O) iPhone.
KT Corp also said it planned to set up a company to sell and lease mobile WiMAX telecom equipment in cooperation with Samsung Electronics (005930.KS) and an unidentified U.S. company.
Mobile operators are pinning hopes on smartphones to boost wireless data usage and grow revenue. KT has benefited from iPhone’s popularity and its own broad WiFi network but is facing increasing competition from rival SK Telecom (017670.KS). (Reporting by Rhee So-eui; Editing by Jonathan Hopfner)