KT, Verizon Launch Exent's Gaming Service

NEW YORK and SEOUL, South Korea -- With online gaming well established as a Korean cultural phenomenon, mobile gaming is gaining significant traction among South Korean consumers. According to research firm Nomura1, smartphone game users in Korea are projected to grow at a compound annual growth rate of 34 percent from 10.2 million in 2011 to 33.1 million in 2015, with spending on mobile games expected to increase to 710 billion won (USD $630.5 million) during this time. In an effort to satisfy this growing demand for games, KT and Exent have partnered to bring the first all-you-can-play mobile game subscription service to Korea.

The new KT mobile game offering - built with Exent’s GameTanium™ - is the first and only subscription service offering unlimited game play of the hottest games on Android. For the first time in Korea, millions of KT customers will have unlimited access to over 75 of the best Android games like Farm Frenzy, Riptide GP™, and Majesty: The Fantasy Kingdom Sim. Featuring an ever-growing catalog of full-version premium games with no advertising, the highly curated GameTanium catalog is enhanced with editorial features such as ratings, reviews and an extensive collection of game trailers. The service can even be played while offline for maximum flexibility.

“KT helped pioneer the development of ultra-fast fiber optic broadband connections, and more recently, one of the largest and most sophisticated next-generation LTE networks for Korean mobile users,” said Song YoungHee, Executive Vice President of M&C Business Center, KT. “Through this partnership with Exent, KT customers can now enjoy unlimited mobile gaming with access to the top Android games from around the world. This new partnership continues our focus on delivering the most engaging content to our LTE users.”

KT Corp.