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SK Telecom to Support ESG Startups with Microsoft, SAP

SK Telecom to Support ESG Startups with Microsoft, SAP

SEOUL, April 29 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Thursday it has launched an alliance with global tech giants, including Microsoft Corp. and SAP, to support local startups in the environmental, social and governance (ESG) sectors. The alliance, named ESG Korea 2021, will offer information and communication technology-based solutions [...]

SK Telecom Chief Hints at Cooperation with Amazon in Video Streaming

SK Telecom Chief Hints at Cooperation with Amazon in Video Streaming

SEOUL, April 21 (Korea Bizwire) — The chief of SK Telecom Co. said Wednesday the wireless carrier will likely work with Amazon.com Inc. in video streaming services as the country’s leading mobile carrier seeks to grow efforts to boost its non-mobile businesses. SK Telecom currently holds a major stake in local video streaming service operator [...]

SK Telecom to be Split into Two, Holding Company to Oversee Non-mobile Biz

SK Telecom to be Split into Two, Holding Company to Oversee Non-mobile Biz

SEOUL, April 14 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday it will create a new holding company for its non-mobile subsidiaries to accelerate growth in promising fields and tighten its grip on its chipmaking unit, SK hynix Inc. The telecom operator said that it will conduct a spinoff to [...]

SK Telecom Helps with COVID-19 Vaccination Through AI

SK Telecom Helps with COVID-19 Vaccination Through AI

SEOUL, April 9 (Korea Bizwire) — SK Telecom Co., the country’s largest mobile carrier, said Thursday that it had entered into a business agreement with the Korea Disease Control and Prevention Agency (KCDC) for the establishment of an artificial intelligence (AI)-based service designed to help with COVID-19 vaccination. Under this system, SK Telecom’s NUGU AI [...]

SK Telecom-Sinclair Joint Venture to Commercialize Next-generation Broadcast Solution This Year

SK Telecom-Sinclair Joint Venture to Commercialize Next-generation Broadcast Solution This Year

SEOUL, April 2 (Korea Bizwire) — Cast.era, a media technology joint venture between South Korea’s top wireless carrier SK Telecom Co. and U.S. media giant Sinclair Broadcast Group Inc., will launch a next-generation broadcast solution that boosts television content quality this year, the South Korean company said Friday. The telecom operator said Cast.era has completed [...]

SK Telecom Eyes Governance Improvement to Boost Shareholder Value

SK Telecom Eyes Governance Improvement to Boost Shareholder Value

SEOUL, March 25 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday it will revamp its governance structure this year in a way that boosts shareholder value. CEO Park Jung-ho told shareholders that the company will announce changes to its governance structure “soon,” admitting its share price has remained largely lackluster [...]