SK Telecom Co., Ltd.
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in mil. unless spec.Company Description
- CEO
- Jai-hun Jung
- Full Time Employees
- 5,316
- Sector
- Communications
- Industry
- Wireless telecommunications
- Address
- SK T-Tower Seoul SL South Korea 04539
- IPO Date
- Nov 7, 1989
- Website
- sktelecom.com
- Similar Companies
- Business
- SK Telecom Co., Ltd. is a South Korean telecommunications company primarily engaged in providing wireless telecommunication services, including cellular voice and data transmission, internet of things (IoT) solutions, cloud services, smart factory solutions, subscription services, advertising, curated shopping under the T Deal brand, and metaverse platform-based services. The company also offers fixed-line telephone services, broadband internet, IPTV, cable TV, business communication services, and diversified products and services in complementary business areas. SK Telecom develops and operates 5G core technologies, including small cell, ultra-wideband, low latency for remote driving, FDD/TDD convergence, and high-speed data transmission. It markets and sells wireless devices, IoT solutions, AI solutions for enterprises, and maintains an online presence through brands such as Nate (web portal) and Digital Home (remote control for household appliances). The company operates primarily in South Korea and was founded in 1984 with its headquarters in Seoul. In the last two years, SK Telecom has made significant strategic shifts focusing on artificial intelligence (AI) and digital transformation. The company has reorganized into seven key business divisions centered around telecom and AI execution, including AI Transformation (AIX), AI Data Center (AIDC), A. (A-Dot), and Global Personal AI Agent (GPAA) units to strengthen AI-driven business outcomes. SK Telecom is accelerating the build-out of its AI Infrastructure Superhighway comprising AI data centers, GPU-as-a-Service (GPUaaS), and Edge AI technologies. It has made investments exceeding KRW 600 billion in AI companies and R&D. The AI-related revenue surged 19% year-over-year, with notable growth in AI cloud services and B2B AI solutions like AI Contact Center and Vision AI. Operational restructuring aims to boost telecom competitiveness through integrated marketing, technology, and network enhancements. The company experienced a leadership change in late 2025 following a cybersecurity incident. SK Telecom continues to lead the South Korean wireless market with a diversified portfolio spanning cellular services, fixed-line communications, and innovative AI and digital infrastructure solutions. Its business prioritizes scaling advanced 5G technology, expanding AI-powered enterprise services, and delivering comprehensive telecommunication solutions across Korea.
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