SK Telecom, a publicly owned company headquartered in South Korea, was founded in 1984 and employs approximately 7,530 individuals. The company reported $12.0B in revenue as of 2025. Functioning primarily as a telecoms provider, SK Telecom is a South Korean wireless telecommunications operator and former film distributor, and is part of the SK Group. The company has historically led the local market with a 50.5 percent share as of 2008 and is the largest wireless carrier in South Korea, serving 27.019 million subscribers as of Q4 2017.
On October 8, 2026, SK Telecom (SKT) CEO Jung Jaihun outlined a strategy at an employee town hall to expand into token-based services, linking its telecommunications AI services and AI infrastructure businesses. The company aims to develop a "Token Gateway" business that integrates communication AI services and infrastructure, connecting AI models suitable for customers with computing resources. This strategy targets a new market for the supply and utilization of AI tokens, leveraging SKT's existing bases such as 23 million telecommunication customers and AI data centers, with Jaihun stating the focus of AI competition is expanding towards ecosystems for generating, supplying, and using tokens. Earlier on the same day, SK Telecom announced it would continue developing security AI by forming a separate consultative body with existing consortium participants, despite being eliminated from a government cyber security-specialized artificial intelligence foundation model project. The company plans to reorganize its cooperative system to enhance its own AI model's security capabilities and commercialize it for actual security products.