SK Telecom Co., Ltd. filings document the foreign-issuer reporting record for the SKM American depositary shares, which each represent 5/9 of an ordinary share. The company's Form 20-F annual reports and Form 6-K current reports disclose consolidated and separate operating results, annual business reporting under Korean standards, subsidiary structure, and audited financial statements.
SK Telecom's regulatory disclosures also cover quarterly cash dividends, treasury-share disposals for stock compensation and stock-option exercises, board approvals, director compensation, leadership and governance changes, and corporate actions involving SK Broadband, its fixed-line telecommunications subsidiary.
SK Telecom Co., Ltd. clarified that it has no specific plans for the reported additional securing of 5 GW of overseas AI data-center capacity. The company had previously disclosed that it was reviewing a phased AI data-center buildout with a mid- to long-term total capacity target of 15 GW.
SK TELECOM CO LTD (SKM) reports consolidated results for the first half of 2026 under K-IFRS, with total assets of ₩32.43 trillion and equity of ₩15.49 trillion, up from ₩12.96 trillion at December 31, 2025 as retained earnings and reserves increased. Wireless remains the core business, generating ₩6.50 trillion in external revenue (74% of consolidated sales), fixed-line ₩2.11 trillion (24%) and other businesses ₩147 billion (2%). Operating profit was ₩1.10 trillion, and profit attributable to owners reached ₩793.0 billion for the period.
SK Telecom completed a comprehensive share exchange in May 2026 to make SK Broadband a wholly-owned subsidiary, aiming for management efficiency and data-center-driven B2B growth; SK Broadband’s H1 2026 revenue was ₩2.31 trillion, up 3.43% year-on-year. The company continues active capital returns: quarterly dividends of ₩830 per share in March and June 2026, total cash dividends of ₩353.6 billion for the latest period, and ongoing treasury-share programs, including cancellation of 1.60 million shares planned to enhance shareholder value.
Credit quality remains strong, with domestic corporate bonds rated AAA (Stable) and hybrid securities AA+ (Stable), and foreign-currency bonds at A-/A3 (Stable) from major global agencies. Net debt is supported by diversified long-term unsecured bonds with covenant packages (debt ratio caps and lien limits), all reported as in compliance. SK Telecom ended June 2026 with 30.94 million mobile subscribers and a 5G subscriber ratio of 82%, and invested ₩441 billion in networks and media infrastructure plus ₩186.8 billion in R&D, targeting AI, 5G and data-center opportunities.
SK TELECOM CO LTD (SKM) reported the disposal of a portion of its treasury shares. On August 31, 2026, the company disposed of 1,061 common shares of treasury stock to officers and employees at a disposal price of 94,200 Won per share, for an aggregate consideration of 99,946,200 Won, using SK Securities Co., Ltd. as investment brokerage agent.
Separately, the company discloses that it has previously acquired 1,731,081 common shares as treasury shares, representing 0.81% of total shares, with an aggregate acquisition value of 86,937 million Won; these figures cover direct acquisitions only and match the total treasury share position shown.
SK TELECOM CO LTD (SKM) reports that its consolidated subsidiary SK Broadband Co., Ltd. has approved a horizontal spin-off to create a new company, tentatively named SK Horizon Co., Ltd., holding its data center (including CDN) and subsea cable-based international leased line businesses.
The Spin-off Ratio is based on March 31, 2026 net asset book values, with 0.8351323 allocated to the surviving SK Broadband and 0.1648677 to SK Horizon. Net assets for the Spin-off Company are ₩475,816,816,055 out of SK Broadband’s pre-spin-off net assets of ₩2,886,053,220,578. SK Broadband’s capital reduction ratio is 16.48677%. Shareholders of SK Broadband will receive SK Horizon shares pro rata to their holdings on the Spin-off Allocation Record Date.
After the spin-off (on a separate basis as of March 31, 2026), SK Broadband is expected to have total assets of ₩4,978,029,012,980 and total equity of ₩2,410,236,404,523, while SK Horizon is expected to have total assets of ₩2,061,315,619,982 and total equity of ₩475,816,816,055. The spin-off EGM is scheduled for January 15, 2027, with an effective date of February 1, 2027. The new entity is considering attracting external investment.
SK TELECOM CO LTD (SKM) approved a plan to dispose of part of its stake in SK Horizon Co., Ltd., a subsidiary that is expected to be created via a spin-off of SK Broadband Co., Ltd. SK Horizon will operate data centers, content delivery network services, and subsea cable-based international leased line services, with share capital of ₩331,082,990,000 and 66,216,598 shares issued.
SK Telecom plans to dispose of 24,481,427 SK Horizon shares for an aggregate disposal value of ₩1,881,128,369,253, equal to 14.52% of its total shareholders’ equity of ₩12,955,292,392,172 as of December 31, 2025. After the disposal, SK Telecom expects to hold 41,735,171 shares, representing a 63.03% stake. The stated purpose is to secure investment funding for growth businesses, with the scheduled disposal date on March 4, 2027. The board approved the transaction on August 27, 2026, with all five independent directors present and no put options or other related agreements.
SK TELECOM CO LTD (SKM) approved the disposal of 1,061 treasury common shares to grant as bonus compensation to its independent non-executive directors. The disposal price is ₩99,600 per share, for an estimated aggregate value of ₩105,675,600, via over-the-counter transactions.
The disposal period runs from August 28, 2026 to September 30, 2026, using SK Securities Co., Ltd. as investment brokerage agent. Before this disposal, the company held 1,732,142 treasury common shares, representing 0.8% of its shares, acquired within a limit based on the maximum amount of dividends payable.
SK Telecom Co., Ltd. has an updated Schedule 13G/A showing that Wellington Management Group LLP, together with Wellington Group Holdings LLP and Wellington Investment Advisors Holdings LLP, reports beneficial ownership of 3,152,471 shares of SK Telecom common stock.
This position represents 1.48% of the outstanding class. The Wellington entities report no sole voting or dispositive power, with all reported authority held on a shared basis. The securities are owned of record by clients of various Wellington investment advisers, and each such client is stated not to hold more than 5% of the class. The filing identifies a multi‑layer holding structure, with Wellington Management Group LLP as ultimate parent.
SK Telecom Co., Ltd. reports on recent media rumors about a potential equity investment by Kohlberg Kravis Roberts & Co. in an artificial intelligence (AI) data center project and a contemplated capital increase of approximately Won 1 trillion. The company reiterates that it is reviewing various strategic options for its AI data center business but that no specific determinations or decisions have been made as of this report.
SK Telecom states that it will make an additional disclosure once specific matters are determined, or within three months of the date of this report, whichever comes first.
SK Telecom Co., Ltd. reported preliminary Q2 2026 results. On a consolidated basis, operating revenue was 43,591 (unit: 100 millions of Won), up 0.47% from Q2 2025 and slightly below Q1 2026. Consolidated operating income reached 5,660, up 67.34% year-on-year, while profit from continuing operations before income tax was 5,720, up 137.94%.
Consolidated profit for the period was 4,660, a 459.76% increase from Q2 2025, with profit attributable to controlling interests of 4,706, up 425.03%. On a separate basis, operating income was 4,277 and profit for the period 3,106, up 70.48% and 742.19% year-on-year, respectively. These figures are prepared under International Financial Reporting Standards as adopted in Korea and may change after the external audit.
SK Telecom Co., Ltd. plans to hold a conference call to discuss its 2026 second-quarter earnings results. The call is scheduled for August 8, 2026 at 4:00 p.m. (Seoul Time) at SK Telecom’s headquarters, with participation by investors and analysts.
Real-time and archived audio of the call, along with presentation materials, will be available through SK Telecom’s investor relations website.