SK Telecom Co., Ltd. (SKT) is a publicly owned South Korean telecommunications company founded in 1984. Part of the SK Group, one of South Korea's largest chaebols, SKT's primary business is wireless telecommunications. As of 2008, it held a 50.5% market share in South Korea. In Q4 2017, it reported 27.019 million subscribers. The company, headquartered in South Korea, employs approximately 7,530 people. SKT previously operated in the film distribution sector.

Revenue

Founded

1984

Headcount

7,528

Headquarters

South Korea

Primary Segment

Telecoms services

Ownership

Publicly Owned

News Summary:

On June 18th, KT reported a server breach to the Korea Internet & Security Agency (KISA), following an unauthorized small payment. KT could not specify which servers were affected or what information was leaked, prompting concerns of a potential major crisis. Separately, on an unspecified date, SK Telecom integrated its AI service, A., into T-Map Mobility's navigation service, T-Map, upgrading the in-vehicle voice guidance system. This replaced the previous NUGU-based system, aiming to create a more conversational AI agent. Following data breach incidents at SK Telecom, KT, and Lotte Card, Second Vice Minister of Science Ryu Je-myung commented on the situation during a joint press conference with the Financial Services Commission (FSC) on an unspecified date. Finally, on June 19th, SK Telecom, KT, and LG Uplus announced support for iPhone RCS messaging, enabled by Apple's iOS 26 update. This update provides enhanced messaging capabilities, including group chats and high-quality photo transmission.
SK Telecom offers products in the media and telecoms services industry. SK Telecom's product portfolio comprises of telecoms services.
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