SEOUL, Oct. 31 (Korea Bizwire) — SK Telecom Co. said Thursday its third-quarter net income plunged due to equity losses of its chip-making subsidiary, while its operating profit remained mostly unchanged from the previous year. Its net income tumbled 73.9 percent to 274.4 billion won (US$236 million) in the July-September period compared with a year [...]
SEOUL, Oct. 28 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Monday that it has agreed to a share swap deal with the country’s largest messenger operator, Kakao Corp., in a move to strengthen their competitiveness. Under the agreement, SK Telecom and Kakao will exchange about 300 billion won (US$258 million) [...]
SEOUL, Oct. 11 (Korea Bizwire) — SK Telecom Co., South Korea’s leading mobile carrier, said Friday that its esports joint venture with U.S. sports and entertainment company Comcast Spectator has been officially launched as it looks to expand its presence in the fast-growing gaming market. SK telecom CS T1 Co.’s global headquarters office will be [...]
SEOUL, Oct. 4 (Korea Bizwire) — SK Telecom Co. will supply its fifth-generation (5G) network solutions to Japanese e-commerce giant Rakuten Inc., industry sources said Friday, as South Korea’s top mobile carrier expands its presence in the sector. SK Telecom will export its 5G network designs, optimized communication quality solutions for 5G, 5G antennas, and [...]
BERLIN, Sept. 8 (Korea Bizwire) — Samsung Electronics Co. and SK Telecom Co. have agreed to develop 8K televisions based on 5G networks to diversify content available on the top-end resolution TVs, they said Sunday. 8K TVs offer four times the number of pixels as 4K screens, and 5G is the ultra-fast wireless network that [...]
SEOUL, Sept. 4 (Korea Bizwire) — South Korea’s top mobile carrier, SK Telecom Co., said Wednesday it has agreed with U.S. IT giant Microsoft Corp. to launch a test-run of a new cloud-based gaming platform utilizing the fifth-generation (5G) network here. The project will pave the way for gamers to play high-quality titles without having [...]
SEOUL, Aug. 22 (Korea Bizwire) — SK Telecom Co. said Thursday it has attracted over 1 million 5G subscribers in the first 140 days of launching the fastest and low-latency network, becoming the world’s first carrier to achieve the milestone. The nation’s leading telco said the number of 5G users rose more than twice as [...]
SEOUL, Aug. 13 (Korea Bizwire) — South Korean mobile carrier SK Telecom Co. has opened a ‘JUMP Augmented Reality (AR) Zoo’ in Seoul’s Olympic Park and Yeouido Park. Visitors can open the ‘JUMP AR’ app on their smartphone and view the grass field in the park to see ‘giant dragons’ and other cute miniature-sized animals [...]
SEOUL, Aug. 2 (Korea Bizwire) — SK Telecom Co. said Friday its operating profit fell due to increased spending for 5G service marketing and infrastructure buildup. Its operating earnings came to 322.8 billion won (US$270.7 million) in the April-June period, a 6.9-percent fall from a year ago, the nation’s leading mobile carrier said in a [...]
SEOUL, Jul. 16 (Korea Bizwire) — South Korean mobile carrier SK Telecom Co. said Tuesday it began the world’s first 5G roaming service in Switzerland in a partnership with a local carrier. Samsung Galaxy S10 users with SK Telecom’s 5G plan will be able to connect to Swisscom’s 5G network when they visit Switzerland after [...]