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Last $29.72 USD
Change Today +1.01 / 3.52%
Volume 815.8K
SKM On Other Exchanges
New York
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

SK T-Tower

65, Eulji-ro


Seoul, 100-999

South Korea

Phone: 82 2 6100 2114


ic Alliances: The company has also entered into various strategic alliances with major companies in the Asian and European wireless telecommunications markets. Provision of Wireless Internet Platforms and Wireless Network Solutions to Foreign Wireless Network Operators: The company has also sought to expand its global business through sales of its wireless Internet platforms and wireless network solutions, as well as provision of consulting services in the field of mobile communications. In addition, the company has also been successful in exporting to other Asian countries and the United States the technological solutions underlying certain value-added and other wireless services, such as its color mail solution, which is a messaging service that allows subscribers to send messages containing multimedia files, including graphic, audio and video clips. Other Investments and Relationships Wireless Content Providers and Application Providers Digital Content Providers: The company holds investments in companies that develop content for use in its fixed-line and wireless Internet businesses, particularly in the entertainment sector. It holds a 15.0% stake in Loen Entertainment, Korea’s music recording company. Through its investments in companies, such as Loen Entertainment, the company is able to offer customers of its MelOn music, movie and gaming services access to an expanded range of music- and entertainment-related digital contents and mobile games, respectively. Wireless Application Developers: The company holds investments in companies that help enable it to further develop and improve its wireless applications and multimedia platforms. In particular, the company has invested in developers of wireless financial, or m-commerce, services, including companies that provide wireless billing solutions, developers of wireless modem devices and developers of Internet search applications. SK hynix Inc. (SK Hynix) The company owns a 21.05% equity stake in SK Hynix, a memory-chip maker. SK Hynix designs, manufactures, and sells advanced memory semiconductor products, including DRAM and NAND flash products, used in various electronic devices. SK Hynix operates four wafer fabrication facilities in Korea and China. Other Investments POSCO: The company owns a 1.42% interest in the outstanding capital stock of POSCO, an integrated steel producer in Korea and internationally. SKY Property Management: The company owns a 33.0% equity interest in SKY Property Management Ltd., which manages buildings and real estate developments in China. Marketing and Service Distribution The company markets its services and provides after-sales service support to customers through approximately 20 marketing teams, approximately 30 branch offices and a network of approximately 3,300 authorized exclusive dealers located throughout Korea. Significant Events In June 2014, SK Telecom has signed a memorandum of understanding (MOU) with Nokia. The partners will jointly develop technologies to support the rollout of a 5G mobile network. In June 2014, SK Telecom has signed a partnership agreement with Fishtree. The partners will offer combined services for classrooms all over the world, with hardware, software and content services. SK Telecom and Fishtree will jointly deliver secure, collaborative, personalized teaching and learning, accessible on any device. In July 2014, SK Telecom and Ericsson have signed a MOU for joint research for 5G technology in Stockholm. SK Telecom and Ericsson selected technologies considered essential for evolution to 5G, including next generation small cell, ultra-wideband, low latency technology that could be used for remote driving, FDD/TDD convergence technology, gigabyte-level data transmission technology etc. In July 2014,SK Telecom has signed a memorandum of understanding with Telecom New Zealand to focus on internet of things (IoT). Under the agreement, the two carriers will exchange know-hows and conduct studies on the three core areas of the IoT industry, namely smart car, telematics and smart city sectors. In October 2014, SK Telecom, in partnership with Samsung Electr


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Price/Sales 1.2x
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Price/Cash Flow 5.2x
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