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KT started a test service of the Internet protocol television on Thursday, including real time broadcasting of KBS1 and EBS. The full commercial service will be launched from as early as mid-October. KT in a press conference at the Korea Press Center on Thursday announced it launched a test service of ˇ°Mega TV,ˇ± its IPTV service, for 200 members, servicing 12 channels including KBS1, EBS, home shopping channels, and movie channels such as Catch On and Sky HD.
KT will invest W1.7 trillion (US$1=W1,153) until 2012 to expand the list of serviced channels to 130, and provide closed users group (CUG) service to specific groups like churches and companies. Interactive shopping and video on demand (VOD) services will also be featured. KT aims to secure at least 300,000 members by the end of this year, 1.1 million by next year, and 3 million by 2011.
Yoon Jong-lok, vice president of KT Corp, said the company expects annual sales of W800 to W900 billion in the IPTV business. ˇ°If the IPTV sector develops, we will be able to contribute to economic growth by nurturing the contents business as a whole,ˇ± said Yoon.
(englishnews@chosun.com )
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