Are SJP funds poor value?
No, SK (specifically SK Telecom) and KT (Korea Telecom) are two distinct, competing telecommunications corporations in South Korea. They are not the same company and have historically engaged in intense business competition, often referred to as the "Telecom Wars". SK Telecom is part of the larger SK Group, a massive South Korean conglomerate, while KT Corporation (formerly Korea Telecom) is a separate entity with its own corporate structure and history. Their rivalry is deep-seated, extending from infrastructure development and market share battles in the telecom sector to high-profile competitive sponsorships in areas like professional esports. Because both companies are dominant players in the same industry and often provide similar services, they are frequently mentioned together in public discourse, but they maintain entirely independent management, ownership, and operations.
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