Exhibit 8.1

List of Subsidiaries of KT Corporation

(As of December 31, 2016)



|                                                |  |                             
|----------------------------------------------- |  | ----------------------------
|Name                                            |  | Jurisdiction ofIncorporation
|KT Powertel Co. Ltd.                            |  | Korea                       
|KT Linkus co., Ltd.                             |  | Korea                       
|KT Submarine                                    |  | Korea                       
|KT Telecop Co. Ltd.                             |  | Korea                       
|KTCS                                            |  | Korea                       
|KTIS                                            |  | Korea                       
|KT Skylife                                      |  | Korea                       
|kt service bukbu                                |  | Korea                       
|kt service nambu                                |  | Korea                       
|KT New Business Investment Fund No.1            |  | Korea                       
|KT Data System Co., Ltd.                        |  | Korea                       
|KT Capital Media Contents Investment Fund No. 2 |  | Korea                       
|KT Estate                                       |  | Korea                       
|KT Strategic Investment Fund No. 1              |  | Korea                       
|Gyeonggi-KT green growth fund                   |  | Korea                       
|SkylifeTV co., Ltd.                             |  | China                       
|KT SB Data service                              |  | Korea                       
|BC card                                         |  | Korea                       
|H&C Network                                     |  | Korea                       
|KT innoedu                                      |  | Korea                       
|KT Hitel                                        |  | Korea                       
|KT Commerce, Inc.                               |  | Korea                       
|KT mhows Co., Ltd.                              |  | Korea                       
|KT M&S Co., Ltd.                                |  | Korea                       
|KT Music Co., Ltd.                              |  | Korea                       
|Nasmedia Co., Ltd                               |  | Korea                       
|Nsearch Marketing                               |  | Korea                       
|KT Sat                                          |  | Korea                       
|KT Strategic Investment Fund No. 2              |  | Korea                       
|KT Strategic Investment Fund No. 3              |  | Korea                       
|KT-Music Contents Investment fund no.1          |  | Korea                       
|KT Sports                                       |  | Korea                       
|KT-Michigan Global Contents Fund                |  | Korea                       
|Autopion                                        |  | Korea                       
|KT M mobile                                     |  | Korea                       
|Kt investment.inc                               |  | Korea                       
|Smart Channel                                   |  | Korea                       
|Korea Telecom America, Inc.                     |  | USA                         
|Korea Telecom Japan Co., Ltd.                   |  | Japan                       



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|                              |  |            
|----------------------------- |  | -----------
|Korea Telecom China Co., Ltd. |  | China      
|KT Dutch B.V.                 |  | Netherlands
|PT.KT Indonesia               |  | Indonesia  
|kt Belgium                    |  | Belgium    
|KT ORS Belgium                |  | Belgium    
|KBTO                          |  | Poland     
|Hong Kong Telecom             |  | Hong Kong  



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