The Company is a Korea's wireless telecommunications services provider and continue to pioneer the commercial development and implementation of state-of-the-art wireless technologies.
HISTORY
The Company was incorporated in March 1984 under the laws of Korea and is headquartered in Seoul, South Korea.
The Company common shares and depositary receipts (DRs) are listed on the Korea Stock Exchange and the New York and London Stock Exchanges, respectively.
The Company shares was listed on the London Stock Exchange on April 3,1995.
The Company s common stock is listed on the NYSE under the symbol SKM since June 27, 1996.
BUSINESS
The Company provides wireless telecommunications services principally in Korea. The Company offers cellular voice services, including wireless voice transmission and related value-added services; wireless global roaming services; and interconnection services to connect its networks to fixed-line and other wireless networks. It also provides wireless data transmission services, such as wireless Internet access services, which allow subscribers to access online digital contents and services, as well as to send and receive text and multimedia messages; wireless entertainment-related contents and services primarily through content-specific portal sites; wireless finance-related contents and m-commerce services; and wireless news and search services comprising news content access, dictionary resources, and weather information services. In addition, the Company offers broadband Internet and fixed-line telephone services, such as video-on-demand and Internet protocol television services; and local, domestic, and international long-distance fixed-line telephone services to residential and commercial subscribers. Further, it provides international calling services, such as direct-dial; pre and post paid card calling services; bundled services for corporate customers; voice services using Internet protocol; Web-to-phone services; and data services. Additionally, the Company offers satellite digital media broadcasting; telematics; and fixed-line and online community portal services. It also operates 11th Street, an online shopping mall; and T Store, an online open marketplace for mobile applications.
ACQUISITION
In December 2009, it purchased shares of Hana SK Card for Won 400.0 billion in February 2010. It currently hold 49 of the total outstanding shares of Hana SK Card.
In February 2012, it acquired a 21.05 equity stake in Hynix, the world's second-largest memory-chip maker by revenue, for an aggregate purchase price of approximately Won 3.4 trillion, and became its largest shareholder
2003
Jan. 2003 Announced the plan to purchase 3 of its common shares.
Feb. 2003 Expanded June broadcasting service.
Mar. 2003 Signed a formal contract with China Unicom to establish a J/V (Joint Venture) company in China.
Mar. 2003 Held the 19th general shareholders meeting.
Apr. 2003 Publicly demonstrated the commercialization of WIPI. (Wireless Internet Platform for Interoperability)
May. 2003 Merged with SK IMT.
May. 2003 Provided CDMA Automatic Roaming Service in Thailand and Saipan.
May. 2003 Made a final selection of WCDMA equipment suppliers.
June. 2003 Announced a resolution on business principles with SK Networks (Former SK Global).
June. 2003 Implemented Rainbow program.
July. 2003 launched commercial CDMA Cellular Service in Vietnam.
July. 2003 Received the Corporate Governance Award.
July. 2003 Purchased 2.48 million POSCO shares held by SK Corporation.
Aug. 2003 3G June Service subscribers reached 1 million.
Aug. 2003 Launched Moneta Online Payment Service.
Sept. 2003 Completed the test of a Wireless Data Roaming Service between Korea and China.
Sept. 2003 Total number of subscribers exceeded 18 million.
Sept. 2003 Signed an MOU with Teleasonera for jointly developing and commercializing new businesses.
Oct. 2003 Established CapEx Review and Compensation Review committees.
Nov. 2003 Formed a consortium to develop satellite DMB business.
Nov. 2003 Board of Directors approved the participation in SK Communications rights offering.
Dec. 2003 Demonstrated 2.3GHz Broadband Wireless Service.
Dec. 2003 Launched WCDMA commercial service.
Dec. 2003 Announced dividend policy for 2003 and 2004.
Dec. 2003 Provided a CDMA Automatic Roaming Service in Taiwan, Mexico and Peru.
Headquarters
66 Euljiro, Jung-Gu
Seoul; Seoul;
Postal Code: 100-999
Contact Details: Purchase the Sk Telecom Co.,Ltd. report to view the information.
Website: http://www.sktelecom.com
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