SK Telecom Co., Ltd. (SKM)

The company now

SK Telecom is Korea's largest mobile carrier, with 41.6 percent of mobile phone subscribers at the end of 2025, and it is now reshaping itself around AI data centers 1. On 27 August 2026 its board approved a plan to bring KKR and a Korean consortium in as co-owners of a new data center company, SK Horizon 3.

In the six months to 30 June 2026 revenue was Won 8,751.4 billion and operating profit Won 1,103.6 billion, against Won 905.6 billion a year earlier 2.

Full-year 2025 operating profit had dropped 38.0 percent to Won 1,048.5 billion 1. The company said the cause was lower revenue after a malware attack that leaked subscriber SIM card data, which it learned of on 18 April 2025 1.

The open questions are whether the SK Horizon deal closes on the terms filed, which the filings say remain subject to change 3. The company also plans a call on third-quarter results on 4 November 2026 7.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.