Sk Telecom Co LtdSKM
What Sk Telecom Co Ltd does.
We are Korea’s leading wireless telecommunications services provider, and our core business is centered on providing wireless and fixed-line telecommunications services. We maintain the largest market share in the Korean market for wireless telecommunications services. Our revenue is primarily generated from our cellular services segment, which accounts for a substantial portion of our consolidated revenue, with additional contributions from our fixed-line telecommunications services and other business segments. We continue to develop, enhance and operate our telecommunications services through ongoing investments in network infrastructure and the adoption of advanced technologies, with a focus on improving service quality, reliability and operational efficiency. In addition to our core telecommunications services, we offer a broad range of complementary services and solutions that leverage our telecommunications platforms and digital infrastructure capabilities. These include IoT solutions and enterprise communications services, cloud services, subscription services, advertising and curated shopping services, AI business-to-consumer (“B2C”) services and AI business-to-business (“B2B”) services. We seek to drive growth by enhancing our core telecommunications services while selectively expanding complementary services that leverage our network infrastructure and customer base. These services are designed to enhance customer engagement, expand our service offerings and support the overall competitiveness of our core telecommunications business. Our operations are reported in three segments:
Revenue and profit, by fiscal year.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | $15.42T | $16.09T | $16.75T | $17.30T | $17.61T | $17.94T |
| Net income | $888.7B | $1.50T | $2.41T | $912.4B | $1.09T | $1.25T |
| Free cash flow | $659.1B | $2.26T | $2.12T | $2.25T | $1.97T | $2.60T |
More on SKM.
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Figures from Sk Telecom Co Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.