SK Telecom, a publicly owned company headquartered in South Korea, was founded in 1984 and employs approximately 7,530 individuals. The company reported $12.0B in revenue as of 2025. Functioning primarily as a telecoms provider, SK Telecom is a South Korean wireless telecommunications operator and former film distributor, and is part of the SK Group. The company has historically led the local market with a 50.5 percent share as of 2008 and is the largest wireless carrier in South Korea, serving 27.019 million subscribers as of Q4 2017.
SK Telecom will run a special network response program for five days starting September 18, 2026, as South Korea's three mobile carriers activate special systems to manage an anticipated 10% data surge during the Chuseok holiday, also committing to early payments to suppliers. Previously, on September 17, SK Telecom partnered with F5 to integrate security more broadly into its artificial intelligence (AI) cloud business, responding to growing corporate AI adoption that expands competition beyond computing resources to integrated management capabilities. On the same day, Rapolabs, operator of the Queenit platform, completely revised its strategy for acquiring SK Stoa, ensuring SK Telecom remains a shareholder and the entire acquisition payment is sourced from Rapolabs’ equity without borrowing. Also on September 17, SK Telecom set a new goal to support 500 startups by 2030, making partnerships with startups a key growth strategy for the AI era and combining their technologies with its AI infrastructure and marketing capabilities, with CEO Jung Jai-hun meeting eight startup heads to discuss cooperation.
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