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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Korean telecoms operator selects Alcatel-Lucent to deploy mobile backhaul network
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SK Telecom selects Alcatel-Lucent's packet optical transport solution to enhance
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KT Expands Footprint in Africa
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New site allows teachers to share, for fee or free
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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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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 and Citi Launch Joint Venture to Provide Next Generation of Mobile Financial Services
NEW YORK -- SK Telecom and Citi announced the launch of Mobile Money Ventures, LLC., a joint venture company that brings together two industry leaders to develop mobile financial services and technologies that will deliver greater functionality, speed, and convenience to consumers around the world.
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...
InterDigital and SK Telecom Extend Collaboration to Develop Mobile Wireless Handover Capability
KING OF PRUSSIA, Pa. -- InterDigital, Inc. (NASDAQ:IDCC) today announced SK Telecom, Korea's leading mobile communications company, and InterDigital have agreed to extend their collaboration on developing advanced mobility solutions started a year ago. Under the First Amendment of Development and Licensing Collaboration Agreement, new features will be added to...
SK TELECOM IS SAID TO SELL ITS CHINA UNIT
AsiaInfo Services 11-30-2007 SK Telecom Is Said to Sell Its China Unit BEIJING, Nov 30, 2007 SinoCast via COMTEX -- South Koran telecom giant SK Telecom Co. is said to be weighing a plan to sell its China-based mobile phone manufacturing...
SK TELECOM TO BECOME STRATEGIC INVESTOR OF CHINA UNICOM SOON
AsiaInfo Services 06-29-2007 SK Telecom to Become Strategic Investor of China Unicom Soon BEIJING, Jun 29, 2007 SinoCast via COMTEX -- SK Telecom Co., the largest mobile telecom operator in South Korea, expects to convert USD 1 billion worth ...
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,...
SilverBirch and SkyZone Entertainment Partner for Release of Highly Anticipated Mobile Game Sequel Triple Scoop Twist; SkyZone Entertainment, a division of SK Telecom, plans global distribution in June 2007.
TORONTO, ONTARIO, May 15, 2007 CCNMatthews via COMTEX -- SilverBirch Inc. (TSX VENTURE:SVB) today announced a partnership with Skyzone Entertainment, a leading mobile entertainment provider, for development of the sequel to the fast-paced strategy TORONTO, ONTARIO, May 15, 2007 CCNMatthews via COMTEX -- SilverBirch...
South Korean mobile users hooked up to encyclopedia
SEOUL AFP — Millions of South Koreans can get access to the Encyclopedia Britannica through their mobile phones from Tuesday, the leading operator here said. SK Telecom said its 20 million-odd subscribers were now able to consult the prestigious encyclopedia on their cellphones. "If you punch in your...
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 | 641,408 |
| Shares Outstanding | 726.7M |
| Market Cap | 12.1B |
| Year High | 18.64 |
| Year Low | 12.59 |
| Earnings Per Share | 2.050 |
| P/E Ratio | 8.1610 |
| Dividend | 0.0692 |
| Yield | 0.413628 |
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