BNET Industries
Market Cap:$12.1B
Last Fiscal Year Sales:$13.2B
- Public
Dow Jones Description
SK Telecom is the top wireless communication provider in Korea, where it has more than 22 million subscribers taking up more than 50% of the total market. The company established in 1984, reached KRW 11.28 trillion in revenue in 2007. SK telecom was the first to launch and commercialize CDMA, CDMA 2001x, CDMA EV-DO and HSDPA networks, and it currently provides cellular, wireless internet, mobile media, global roaming service and more.
CEO
Shin Bae KimNumber of Employees 7,524
Peer Companies
NAICS Code Cellular and Other Wireless Telecommunications: 517212
Recent Events
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South Korea Loves the iPhone
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SK Telecom to introduce Korea's first LiMo-compliant handset
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China Unicom Divorces SK Telecom
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(2nd LD) SK Telecom net jumps 24.6 pct in Q3
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SK Telecom and RIM Introduce White BlackBerry Bold in Korea
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Games play on Korea cell phones
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SK Telecom to sell China Unicom stake
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2nd UPDATE:SK Telecom Sells China Unicom Stake For US$1.28 Billion
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UPDATE 3-SK Tel sells back China Unicom stake for $1.3 bln
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China Unicom to repurchase shares from SK Telecom
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Opera partners with SK Telecom to expand Opera Mini's reach in Korea
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Comment!
News & Analysis
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handset and sk telecom co. - All News and Analysis
South Korea Opening Up Cellphone Market; Paves Way For Apple, Nokia, RIM
The South Korean cellphone market is opening up. The Korean Communications Commission lifted a three-year old rule that required internet-enabled handsets used in the country to run on a homegrown mobile platform, making way for foreign device makers such as Apple (NSDQ: AAPL) and Nokia (NYSE: NOK) to enter...
Helio sets lofty goals for MVNO.(News)
Byline: KELLY HILL Head honchos from soon-to-launch mobile virtual network operator Helio L.L.C. have been talking up their MVNO the past few weeks, speaking to groups at Morgan Stanley Dean Witter's Wireless Forum and Jefferies Wireless Conference last week and also...
Going wide with WiBro: a South Korean initiative may prove an important early test for the young technology in the high-stakes, high-speed technology competition.(Samsung Telecom)(Cover Story)
SEOUL, South Korea -- To hear the backers of South Korea's WiBro project tell it, wide is on their side. The initiative, spearheaded by the South Korean government, will fight up the country with high-speed wireless networks based on the WiMAX metro-area-network broadband technology. It also...
Magnolia Broadband Announces Successful Completion of Prototype Handset Developed for SK Telecom
Magnolia Broadband, Inc., a fabless semiconductor company and innovator of radio frequency RF solutions for the cellular industry, announced today that they have successfully completed the first phase of a prototype program for SK Telecom to integrate Magnolia's novel DiversityPlusTM product in a CDMA2000 1xEVDO handset platform. The prototype is...
Korea slaps business suspension order on mobile firms. (Global Wireless).
SEOUL, Korea -- In a surprising move, the Korea Communications Commission, South Korea's top telecom regulator, decided last week to place business suspension orders on three mobile carriers and KT Corp. for violating the ban on handset subsidies. SEOUL, Korea -- In a...
Korean manufacturer to use eZiText(TM) to differentiate CDMA product.
CALGARY, Dec 21, 2000 Zi Corporation (NASDAQ: ZICA) (TSE: ZIC) has signed a licensing and royalty agreement with Korean manufacturer, Wide Telecom, Inc. to integrate eZiTextTM into CDMA handsets destined for sale in Latin America and Asia Pacific. "Zi Corporation is...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Shin Bae Kim | CEO |
| Richard Chin | President, Americas |
| Bang Hyung Lee | Coo, Executive Vice President & Head, Mobile Network Operations Business |
| Sung Min Ha | Cfo, Senior Vice President & Head, Corp Center |
| Sungwon Suh | Executive Vice President & Head of Global Strategy and Investment |
| Tae Jin Park | Senior Vice President |
| Joe Jasin | Vice President of Corporate Investments |
| Jongtae Ihm | Vice President |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Dae Kyn Byun | Board of Directors |
| Dae Sik Kim | Board of Directors |
| Dal Sup Shim | Board of Directors |
| Hyun Chin Lim | Board of Directors |
| Jae Seung Yoon | Board of Directors |
| Sang C. Lee | Board of Directors |
| Seung Taik Yang | Board of Directors |
| Yong Woon Kim | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | CEO | Current |
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | President, Americas | Current |
| Virgin Mobile USA | Board of Directors | Current |
| Motorola, Inc. | Vice President & General Manager | Former |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Coo, Executive Vice President & Head, Mobile Network Operations Business | Current |
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Cfo, Senior Vice President & Head, Corp Center | Current |
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Executive Vice President & Head of Global Strategy and Investment | Current |
| Virgin Mobile USA | Board of Directors | Current |
| Helio, LLC. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Senior Vice President | Current |
Joe Jasin has built an international career within the wireless telecommunications industry, with depth of experience that spans more than 14 years. His background includes roles in technology, business operations, corporate strategic investments and founder of two wireless businesses. Currently he serves as Vice President of Corporate Investments for SK Telecom, the largest mobile operator in Korea. SK Telecom's investments include the U.S.-based MVNO Helio, and, a $1 billion dollar investment in the Chinese mobile operator China Unicom.
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Vice President of Corporate Investments | Current |
| Natpe Mobile | Vice President, Corporate Development | Current |
Dr. Jongtae Ihm is Vice President of SK Telecom, as well as Head of Mobile Device & Access Network R&D Centre, where he is responsible for technology and solution development of terminals and access systems in both WCDMA and CDMA. After receiving his Ph.D degree from Yonsei University in 1993, he joined SK Telecom and worked on radio technology research. During his career spanning over 14 years, he has been involved in research and development of wireless access network systems, which commercially deployed the world's first CDMA service in Korea as well as the third-generation synchronized IMT-2000 system, cdma2000 1xEV-DO. He was then in charge of mobile device and platform technology development, enhancing mobile multimedia services and offering consistently personalised service through any device. His current research interests are developing a business model for future mobile services, principally on the convergence of telecommunication. Dr. Ihm has represented SKT in IMT-2000 and evolution researches. He has actively led and served as Chair in the Service and Marketing committees of the Next Generation Mobile Communication Forum(NGMC), Mobile Platform Standardization Forum(KWISF) and Telematics Standardization Forum.
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Vice President | Current |
| Omtp Limited | Board of Directors | Current |
| Yonsei University | Ph.D Degree | Former |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SK Telecom Co., Ltd. | Board of Directors | Current |
| Volume | 2,609,627 |
| Shares Outstanding | 726.7M |
| Market Cap | 12.1B |
| Year High | 18.64 |
| Year Low | 12.59 |
| Earnings Per Share | 2.050 |
| P/E Ratio | 8.1756 |
| Dividend | 0.0692 |
| Yield | 0.412888 |
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