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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News & Analysis
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marketing and sk telecom co. - All News and Analysis
Major mobile operators adopt Linux
Major mobile operators Telefonica, Verizon Wireless, Vodaphone, Orange, Japan’s NTT DoCoMo and South Korea’s SK Telecom will sell phones running software from wireless Linux foundation, LiMo, within the next year. The joint announcement comes in the lead up to the...
Warner Brothers To Distribute Films To Mobiles In Korea
Warner Brothers has struck a deal with Korea's second largest carrier KTF to distribute the Hollywood studio's movies to mobile TV in Korea, reports Variety. The service called Warner Bros. Digital Distribution rolled out Wednesday with 150 recent movies and TV series. The news follows just weeks after Warner...
SK Telecom obtains approval from the FTC for its buyout of Hanarotelecom.(KOREA)
South Korea's antitrust regulator has said that it has given its conditional approval for nation's, SK Telecom Co's proposed acquisition of Hanarotelecom Inc. SK Teleocm is the biggest mobile operator in the country. The Fair Trade Commission FTC stated that the merger between the two firms...
Google chief to discuss business ties in SKorea
SEOUL AFP — The chief of the world's top Internet search engine Google will visit South Korea this week to discuss business cooperation with local partners, officials said Monday. Eric Schmidt is scheduled to hold separate talks Tuesday with Seok Jong-Hun, president of South Korea's second-largest portal Daum Communications,...
Driver rams phone company HQ in SKorea protest
SEOUL AFP — An angry customer drove his car into the head office of South Korea's leading mobile phone service operator on Tuesday to protest at what he called poor service, police said. The attack damaged a revolving door in the lobby of SK Telecom's building in central Seoul,...
SK Telecom revises earnings estimates
The Dow Jones has reported that SK Telecom has revised its earnings forecast for the year. The company has previously estimated revenues of 4.4 trillion won ($4.6 billion); however, due to an increase in its marketing expenses, the current estimates have The Dow Jones has reported that SK Telecom has...
Warner, SK Telecom join up to offer mobile music downloads
HONG KONG AFP — Warner Music is to launch a new joint venture with SK Telecom to allow mobile phone users in South Korea to download and listen to music on their handsets. It is the first time a major music company has merged its operations with those of...
Wie invited to play in men's tournament in South Korea
SEOUL AFP — US teenager Michelle Wie said she would make her eighth attempt to make the cut in a men's golf tournament in May in South Korea. "I hope to see you at the SK Telecom Open," the 16-year-old high school student said in a video message released...
Wavesat and SK Telecom sign agreement to develop WiBro/OFDMA solutions.(PARTNERSHIPS)
SK Telecom, a provider of mobile voice and data services, and Wavesat, a developer of WiMAX chipsets, software, and development platforms, announced an agreement to cooperate in the development of WiBro/OFDMA technology for next-generation mobile devices. As part of this multi-million dollar agreement,...
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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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