SEOUL, Nov. 3 (Korea Bizwire) — SK Telecom said Monday it will spearhead efforts to establish South Korea as a regional hub for artificial intelligence by expanding data infrastructure and drawing global investment. Speaking at the SK AI Summit 2025 in Seoul, Jung Jai-hun, the company’s newly appointed chief executive, outlined a sweeping strategy centered on [...]
SEOUL, Aug. 29 (Korea Bizwire) — SK Telecom Co. began construction of a large-scale artificial intelligence (AI) data center in the southeastern coastal city of Ulsan on Friday as part of its drive to lead the AI era. A groundbreaking ceremony for SK AI Data Center Ulsan was held in the city located some 310 [...]
SK Telecom Faces Mounting Pressure as Regulators Order Full Penalty Waivers for Customers After Hacking Breach SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s telecom regulator has ordered SK Telecom to waive all early termination penalties for subscribers who wish to cancel their contracts by year’s end following the company’s massive hacking incident, intensifying the financial [...]
SEOUL, Aug. 21 (Korea Bizwire) — South Korea’s telecom watchdog on Thursday ordered SK Telecom Co. to partially waive cancellation fees for non-mobile services following a major data breach that affected its 25 million mobile service users. The move came after the country’s top carrier decided to limit the waiver of cancellation fees to mobile [...]
SEOUL, Aug. 14 (Korea Bizwire) — A steep expansion of SK Telecom’s membership discounts — part of its compensation plan following a major hacking incident — has triggered a price war among South Korea’s mobile carriers, shifting competition from subsidies for new sign-ups to perks aimed at retaining existing customers. Since August 11, SK Telecom [...]
SEOUL, Aug.11 (Korea Bizwire) – In a stark contrast to SK Telecom’s sharp decline, KT and LG U+ posted strong financial results for Q2 2025, despite the ongoing challenges in the telecom sector. SK Telecom’s operating profit dropped by 37.1% year-on-year, falling to 338.3 billion won, largely due to the aftermath of a major hacking [...]
SEOUL, Aug. 5 (Korea Bizwire) —SK Telecom Co., South Korea’s leading telecommunications company, said Tuesday it has launched its graphics processing unit (GPU) infrastructure, Haein, as a cloud-based service for on-demand GPU access. Haein, a sovereign GPU-as-a-Service (GPUaaS), is powered by more than 1,000 Blackwell 200 (B200) GPUs, the latest artificial intelligence (AI) chip developed [...]
SEOUL, June 30 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, lost its top spot in local brand value rankings following a data breach that affected its entire 25 million user base, a local brand valuation firm said Monday. SK Telecom earned 850.1 points on the BrandStock Top Index (BSTI) for the [...]
SEOUL, June 26 (Korea Bizwire) — SK Telecom is poised to reenter South Korea’s competitive mobile market with aggressive customer acquisition strategies following a 51-day business suspension. With Samsung’s Galaxy Z Fold 7 set for release next month and potential changes to the country’s subsidy regulations looming, industry watchers expect a full-fledged “subsidy war” among [...]
SEOUL, June 19 (Korea Bizwire) — A wave of consumer complaints is erupting over how some South Korean law firms are handling group lawsuits related to the high-profile hacking incident involving SK Telecom. Critics say certain firms are aggressively soliciting participants and collecting upfront fees without adequate explanation—only to later demand detailed evidence of damages, [...]