SK Telecom

SK Telecom Co., Ltd. (NYSE: SKM) is South Korea's largest mobile telecommunications company, headquartered in Seoul. Founded in 1984, SK Telecom has played a pioneering role in the country's telecommunications industry, introducing the first portable mobile phone service in 1988 and commercializing CDMA digital mobile phones in 1996.

SK Telecom operates through several business sectors:

• Wired and wireless communication: Providing mobile, fixed-line, and broadband services

• Media: Offering IPTV and other content services

• Enterprise: Delivering business solutions

• Aiverse: Focusing on AI technology development

• Connected Intelligence: Developing IoT and other emerging technologies

As of 2024, SK Telecom serves approximately 31 million mobile subscribers in South Korea. The company has been at the forefront of next-generation network deployments, launching 4G LTE services in 2011 and 5G services in 2019. SK Telecom has also expanded into areas such as artificial intelligence, cloud computing, and the internet of Things.

In recent years, SK Telecom has been actively pursuing partnerships and investments to strengthen its position in the AI and cloud computing sectors. In August 2024, the company announced a strategic partnership with Lambda, an AI cloud developer, to deploy Lambda's AI Cloud platform in South Korea. This move aims to provide local AI cloud services to enterprises, startups, and research labs across the country. Additionally, in February 2024, SK Telecom revealed plans to form a joint venture with other global telecom companies to develop large language models tailored for the telecommunications industry.