BNET Industries
Market Cap:$12.5B
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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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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Research and Markets: North and South Korea - Telecoms, Mobile and Broadband - A Comprehensive...
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News & Analysis
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sk telecom co. - All News and Analysis
China Unicom buys back shares from SK Telecom
Strategy Eye
- 2009-09-27
China’s second-largest mobile operator, China Unicom, is buying back a 3.79% stake in itself owned by South Korean operator SK Telecom for USD1.28bn. The deal is a blow for the South Korean firm's ambitions to expand in the world's largest mobile market. ...
iPhone finally coming to Korea via KTF?
BNET
- 2009-08-10
It seems Apple (NSDQ: AAPL) has finally found a way to sell its phone to the ever-demanding Korean mobile users through KTF. The carrier's CFO, Kim Yeon-hak, confirmed the deal without disclosing the exact release date. Apple is still quiet about the whole thing, but it's fair to guess they'll...
SKM Telecom Sees Its Sales Top Forecasts
Seeking Alpha
- 2009-07-28
Zacks.com submits: SK Telecom SKM reported its second quarter earnings today, with net income falling short of consensus estimates while sales exceeded the average forecast. South Korea’s leading wireless operator reported revenue of KRW 3.07 trillion (US$2.39 billion) and net income of KRW 311.6 billion (US$243 million), both...
IMshopping gets USD4.7m for shopping on Twitter
Strategy Eye
- 2009-04-29
IMshopping, a Twitter-based shopping service, has raised USD4.7m in Series A funding from SK Telecom. The company provides users with a mix of recommendation technology and human assistance designed to help them find specific products. Twitter users...
RealNetworks takes stake in South Korean music division
Strategy Eye
- 2009-02-16
RealNetworks has bought a minority stake in the digital music division of South Korean telecoms company SK Telecom, LoEn. The two companies have been working together since 2001. The expansion will ensure the collaboration runs for another three years and...
Major mobile operators adopt Linux
Strategy Eye
- 2009-02-09
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...
How the Helio Buyout Process Went: Virgin Mobile Wanted To Bring In a Retail and Financial Investor
Content Next
- 2008-12-12
Virgin Mobile USA bought Helio earlier this year, for a paltry $39 million in equity and getting $50 million in investment from British parent Virgin Group and SK Telecom (NYSE: SKM). That we reported on in detail at that time. Now finally, VMUSA has filed details of how the...
South Korea Opening Up Cellphone Market; Paves Way For Apple, Nokia, RIM
Content Next
- 2008-12-10
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...
Warner Brothers To Distribute Films To Mobiles In Korea
Content Next
- 2008-12-01
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...
An SIM Free Option for LTE Should Exist
Seeking Alpha
- 2008-09-08
Dean Bubley submits: In terms of general market perception, LTE has been stealing much of WiMAX's thunder of late. Now obviously we've seen the ascendance of LTE coinciding with one of the periodic nadirs of enthusiasm around WiMAX, and we should start to see the balance redress somewhat when Xohm...
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 | 1,285,747 |
| Shares Outstanding | 726.7M |
| Market Cap | 12.5B |
| Year High | 18.80 |
| Year Low | 12.59 |
| Earnings Per Share | 2.050 |
| P/E Ratio | 8.4146 |
| Dividend | 0.0692 |
| Yield | 0.401159 |
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