SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea and internationally. The Cellular Services segment offers wireless voice and data transmission, cellular global roaming, interconnection, Internet of Things, and platform services, as well as sells smartphones, basic phones, tablets and other Internet access devices, and wearable devices. The Fixed-Line Telecommunication Services segment provides local, domestic and international long distance, and voice over Internet protocol services; broadband Internet access; Internet protocol TV and mobile over-the-top; and leased line solutions, Internet data center, and network solution services. The Commerce Services segment operates 11st, an online open marketplace; and T-commerce network that offer assortment of goods and services through pre-recorded television programming. The Other Businesses segment provides marketing platform services, such as Syrup Wallet, a mobile wallet service; OK Cashbag, a loyalty points program; and One Store, a mobile application marketplace. The Security Services segment offers physical security services, which includes centralized monitoring system; information security solutions, such as information security consulting, managed security, and cyber threat intelligence solutions; and operates parking management and security solutions business. In addition, it offers call center management, base station maintenance, information gathering and consulting, system software development and supply, quantum information and communications, data base and internet website, and digital contents sourcing services; manufactures and sells e-book; sells and trades in anti-theft and surveillance devices; and operates information and communications facilities. As of December 31, 2020, the company had 3.8 million fixed-line telephone and 31.4 million wireless subscribers. The company was incorporated in 1984 and is headquartered in Seoul, South Korea.
IPO Year:
Exchange: NYSE
Website: sktelecom.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/8/2024 | Reduce → Neutral | Nomura |
Nomura upgraded SK Telecom from Reduce to Neutral
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
SMART Global Holdings, Inc. ("SGH") (NASDAQ:SGH), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that SK Telecom ("SKT") (NYSE:SKM), an affiliate of SK Group, is making a $200 million preferred equity investment in SGH. SGH plans to use the capital from SKT's investment to enhance SGH's capabilities and add to the Company's financial flexibility as SGH further expands the scope and scale of its Penguin Solutions branded end-to-end AI factory offerings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240715061470/en/(L to R) Ryu Young-sang, CEO of SKT, and Mark Adams,
SGH plans to use the capital from SKT's investment to enhance SGH's capabilities and add to the Company's financial flexibility as SGH further expands the scope and scale of its Penguin Solutions branded end-to-end AI factory offerings. SKT's current AI-related investments and partnerships include Anthropic, Lambda, and Perplexity. Along with these investments, a partnership and investment with SGH will advance SKT's goals in the AI value chain across these three pillars: AI semiconductor, AI infrastructure and AI services.
Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift's Skylark® Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x – from several meters down to just a few centimeters. It's a critical component in more than 8 million connected and autonomous vehicles and devices, including ADAS-enabled and autonomous cars, unmanned aerial aircraft, vehicle tracking solutions, and robotic equipment.
Swift Navigation ("Swift"), a market leader in precise positioning technologies for automotive, IoT, and mobile applications today announced its partnership with SK Telecom (NYSE:SKM, "SKT"))))) to accelerate the deployment of AI-powered, location-based products in Korea. Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift's Skylark® Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x – from several meters down to just a few centimeters. It's a critical component in more than 8 million connected and autonomous vehicles a
Under the MOU, SKT, Iceotope and SK Enmove will collaborate to deploy Precision Liquid Cooling (PLC)* using SK Enmove's thermal fluid at SKT's AI Data Center Testbed. The deployment is to demonstrate PLC's value in cooling efficiency and power savings. Moreover, SKT will develop an integrated Coolant Distribution Unit (CDU) to support various liquid cooling systems with the technical support of Iceotope.
Through the Joint Venture Company, the five companies plan to develop Large Language Models (LLMs) specifically tailored to the needs of telecommunications companies (telcos). The LLMs will be designed to help telcos improve their customer interactions via digital assistants and chatbots. The Joint Venture Company will be established within this year.
Nomura analyst Angela Hong downgrades SK Telecom Co (NYSE:SKM) from Neutral to Reduce.
What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the communication services sector: KT (NYSE:KT) - P/E: 7.21 Weibo (NASDAQ:WB) - P/E: 4.8 SK Telecom Co (NYSE:SKM) - P/E: 9.76 Xunlei (NASDAQ:XNET) - P/E: 5.87 Telecom Argentina (NYSE:TEO) - P/E: 9.83 KT's earnings per share for Q2 sits at $0.6, whereas in Q1, they were at 0.47. This quarter, Weibo experienced an increase in earnings per share, which was $0.53 in
The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Benzinga Insights has compiled a list of value stocks in the communication services sector that may be worth watching: Sphere Entertainment (NYSE:SPHR) - P/E: 3.88 SK Telecom Co (NYSE:SKM) - P/E: 9.62 Verizon Communications (NYSE:VZ) - P/E: 7.63 GD Culture Group (NASDAQ:GDC) - P/E: 0.21 Liberty Latin America (NASDAQ:LILAK) - P/E: 9.88 This quarter, Sphere Entertainment experienced a decrease in earnin
- On the second day of the SK AI Summit 2024, SK Telecom introduced Aster(A*), an AI-driven personal assistant designed for global users - Aster is designed as an 'Agentic AI,' which goes beyond answering simple queries by understanding user intentions to set goals and complete tasks - SK Telecom plans to collaborate with global search providers, LLM developers, and third-party applications to enhance Aster's functionalities for North American users SEOUL, South Korea, Nov. 4, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM) today unveiled 'Aster(A*)', an artificial intelligence (AI)-driven personal assistant tailored for global users, at the SK AI Summit 2024. Aster, presented on the second day o
- SK Telecom signs agreements in Malaysia, Thailand and Vietnam to supply 'X Caliber', its AI-based veterinary diagnosis service, as demand for pet care grows SEOUL, South Korea , July 29, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, ", SKT", ))) announced today that it has signed agreements to supply its artificial intelligence (AI)-based veterinary diagnosis assistant, 'X Caliber', to three major Southeast Asian markets, including Malaysia, Thailand and Vietnam. The signing ceremony was held at Federation of Asian Small Animal Veterinarian Association (FASAVA) Congress 2024, one of the biggest veterinary events in Asia Pacific region. This year, the event was hosted in Kuala Lumpur, Malays
SMART Global Holdings, Inc. ("SGH") (NASDAQ:SGH), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that SK Telecom ("SKT") (NYSE:SKM), an affiliate of SK Group, is making a $200 million preferred equity investment in SGH. SGH plans to use the capital from SKT's investment to enhance SGH's capabilities and add to the Company's financial flexibility as SGH further expands the scope and scale of its Penguin Solutions branded end-to-end AI factory offerings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240715061470/en/(L to R) Ryu Young-sang, CEO of SKT, and Mark Adams,
In collaboration with ATX Medical Solutions, SKT launches X Caliber in Australia, which has one of the highest rates of pet ownership in the worldSKT also inked a commercial contract with MEDIVET Pet Hospital & Clinic to offer X Caliber in Indonesia.SEOUL, South Korea, May 28, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, ", SKT", ))) today announced that it officially launched its AI-based veterinary X-ray image diagnosis assistance service 'X Caliber' in Australia. X Caliber is an innovative service that uses AI to analyze X-ray images of dogs/cats within around 15 seconds. Since X Caliber uses cloud to store and retrieve data, there is no need to install a separate server within the hospita
SAN FRANCISCO, May 15, 2024 (GLOBE NEWSWIRE) -- Swift Navigation ("Swift"), a market leader in precise positioning technologies for automotive, IoT, and mobile applications today announced its partnership with SK Telecom (NYSE:SKM, "SKT"))) to accelerate the deployment of AI-powered, location-based products in Korea. Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift's Skylark® Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x – from several meters down to just a few centimeters. It's a critical component in more t
SEOUL, South Korea, April 29, 2024 /PRNewswire/ -- On April 29, 2024, SK Telecom Co., Ltd. filed its Annual Report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission. The 2023 Annual Report on Form 20-F can be viewed on www.sktelecom.com, as well as from the website of the U.S. Securities and Exchange Commission at www.sec.gov. Printed copies of SK Telecom's complete audited financial statements (including footnotes) as of and for the year ended December 31, 2023 can be requested, free of charge, by written request to [email protected]. View original content:https://www.prnewswire.com/news-releases/sk-telecom-co-ltd-files-its-annual-report-
SEOUL, South Korea, April 18, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, ", SKT", ))) today announced a collaboration with Aptos Labs, Brevan Howard, and Microsoft to deliver to the global financial market Aptos Ascend, a suite of end-to-end institutional solutions including a permissioned network and Digital Asset Controls powered by SKT's Wallet-as-a-Service product and the scalable, secure Aptos blockchain. Aptos Ascend will also tap Brevan Howard's industry leadership and expertise to develop a seamless path for any major bank or financial institution to begin offering digital currency and asset management to their clients responsibly and at scale. Boston Consulting Group (BCG) will be
SAN FRANCISCO, April 11, 2024 /PRNewswire/ -- In a groundbreaking move at the Google Next 24 event, Swit Technologies Inc., a San Francisco-based Enterprise Workspace startup, introduced Snap, its innovative AI co-pilot, to revolutionize collaborative project work. The announcement was made by Swit's CEO, Josh Lee, during the Startup Launch event, where attendees were treated to a unique demonstration showcasing the capabilities of Snap. Snap, also known as Swit AI, harnesses the power of multiple LLMs including Google Cloud's AI models through Vertex AI, offering a suite of features aimed at streamlining and automating collaborative tasks. Unlike conventional chatbots, Snap goes beyond mer
SEOUL, South Korea, March 31, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, ", SKT", ))) today announced that it has upgraded call-related features of its personalized AI personal assistant, "A." (pronounced "A dot"), and made features such as "A. Call Translator" available for Android device users. By adding the call service to A. for Android, SKT now offers not only basic AI-based phone features such as call recording and call summary, but also A. Call Translator, a real-time call interpretation service that was first made available for the iOS version of A. last December. Moreover, to strengthen protection for users against spam and phishing calls, SKT added "AI Spam Indicator" to A.'s cal
BARCELONA, Spain, Feb. 27, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, ", SKT", ))), Iceotope Technologies, the global leader in Precision Liquid Cooling, and SK Enmove, Korea's leading base oil and lubricants provider developing thermal fluids for data center, signed a memorandum of understanding (MOU) to collaborate on the development of liquid cooling technique/solution that optimizes energy-efficiency of AI data centers. Since air conditioning and cooling systems consume the largest amount of energy in data centers, the key to realizing an energy-efficient AI data center li