SK Telecom is the largest mobile operator in Korea with nearly 50 percent of the market share. As the pioneer of all generations of mobile networks, the company has commercialized the fifth generation (5G) network on December 1, 2018 and announced the first 5G smartphone subscribers on April 3, 2019. With its world’s best 5G, SK Telecom is set to realize the Age of Hyper-Innovation by transforming the way customers work, live and play.
Building on its strength in mobile services, the company is also creating unprecedented value in diverse ICT-related markets including media, security and commerce.
“Business Models”
SK Telecom has become the ‘ICT Synergy Company’ in 2018, with a new growth engine by expanding its business scope without being complacent with placing first in the Korean telecommunications market. At present, SK Telecom is innovating technologies, products, services, and distribution networks in order to secure the competitiveness of each business divisions – the MNO business, media, security, and commerce – and maximize corporate value through synergies among them. Furthermore, SK Telecom aims to sharpen all business divisions’ competitiveness with 5G and AI as core infrastructure and create new social and economic value through shared infrastructure. This is not limited to short-term profits, but includes vitalizing ICT ecosystems through innovation and social problem solving with a long-term vision.