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Tech/Science
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KT seeking to purchase stake in BC Card
SEOUL, Oct. 15 (Yonhap) -- South Korea's telecom titan KT Corp. said Friday it is seeking to take over a local credit card company as it aims to boost its convergence business in telecommunications and finance.

KT, also the country's second-largest mobile carrier, signed a preliminary agreement with Woori Bank earlier in the day to buy a stake in BC Card Co. and build a strategic partnership with Woori Bank, KT said in a regulatory filing.