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SK Telecom

SK to invest US2.2B in new growth ventures

SK Telecom, South Korea’s largest mobile operator, has a war chest of over US$2 billion to invest in new areas of growth over the next five years to offset slowing growth in its domestic market, the operator’s new chief executive said today

SKT deploying WiBro network in Amman

TeleGeography reports that South Korea’s SK Telecom has announced that it will launch WiBro services in Jordan before the end of May.

SK Telecom revenues edge up 1.4% in Q1

SK Telecom reported first-quarter sales of KRW2.877 trillion (US$2.2 billion), up 1.4 percent from a year earlier on a small increase in subscriber numbers, reports Telecompaper.

SK Telecom to acquire SK Networks leased-line business


South Korean mobile operator SK Telecom has decided to buy SK Networks’ leased-line business and issue new shares of its subsidiary SK Broadband, reports Telecompaper.

SKT mulls stake in Kazakh mobile firm

SK Telecom (SKT), South Korea’s largest mobile operator, has confirmed its potential interest in Kazakhtelecom’s mobile unit, Mobile Telecom-Service, reports Dow Jones Newswires today. “We’ve been seeking business opportunities overseas…

South Korean giants in chip development alliance

South Korean firms Samsung, LG and SK Telecom are to join forces to develop advanced semiconductors for smartphones and digital TV, the country’s government said today.

SK Telecom profit rises 4.6%

South Korea’s largest mobile operator SK Telecom reported a 4.6 percent rise in second-quarter net profit despite higher marketing costs, mainly due to a rise in subscribers, according to the Wall Street Journal.

WiBro under fire in South Korea

South Korea’s deployment of WiBro technology appears to have hit troubled times, with reports suggesting the country’s government and presidential office are considering punishing operators for a lack of investment and could even withdraw their licenses.

SK Telecom halts further investment in S-Fone

South Korean mobile operator SK Telecom is to stop further investment in its Vietnamese joint venture S-Telecom, which operates under the banner S-Fone, due to current economic conditions, according to a TeleGeography article that cites Dow Jones Newswires.

SKT and Bell Labs team on next-gen technology

South Korea’s largest mobile operator, SK Telecom, and Bell Labs (the research arm of Alcatel-Lucent) today announced a partnership to work together on future mobile technology. A joint statement noted that “one potential project involves the two companies working toward defining what the architecture and shape of wireless networks will look like beyond 4G networks that network operators are introducing today.”