SK Telecom (SKM) maps Won 5T AI push with 2030 revenue goal

Rhea-AI Filing Summary

SK Telecom Co., Ltd. outlines a new AI-focused business and management plan, building on its AI business strategy. The company plans a cumulative AI-related investment of Won 5 trillion over the next five years, with implementation from September 25, 2025 through December 31, 2030. It is targeting AI-related revenue of Won 5 trillion or more in 2030, updating an earlier goal from its 2024 Corporate Value-Up Plan to reflect changes in the AI market and business environment.

The plan includes launching an AI “Company-in-Company” unit and consolidating AI capabilities across the organization. SK Telecom shared these objectives with employees and media at a townhall meeting on September 25, 2025. The company emphasizes that these are forward-looking statements that may change based on future business conditions and refers readers to its Form 20-F and other filings for additional risk factors.

Insights

Telecom and AI strategy analyst

SK Telecom commits Won 5T to AI with a matching 2030 revenue target, but outcomes depend on execution and market dynamics.

SK Telecom sets out an AI-focused roadmap centered on a “Company-in-Company” structure and consolidation of AI capabilities. The plan calls for cumulative AI-related investment of Won 5 trillion over the next five years, with the program running from September 25, 2025 to December 31, 2030. Management is also updating its earlier 2024 Corporate Value-Up Plan to now target AI-related revenue of Won 5 trillion or more in 2030.

This ties the scale of spending directly to a revenue ambition, signaling a willingness to reallocate resources around AI as a core growth pillar. However, the disclosure also stresses that these are forward-looking statements subject to changes in the AI market, broader business environment, and other risk factors described in the company’s Form 20-F and related filings. Execution quality, competitive responses, and technology adoption will all influence whether these investment levels translate into the stated revenue goals.

The company intends to provide further detail in its 2025 Corporate Value-Up Plan, which will be an important reference point for how these high-level numbers break down by business line, timing and expected returns. Until then, the announcement primarily signals strategic direction and management intent rather than immediate financial impact.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF SEPTEMBER 2025

Commission File Number: 333-04906

SK Telecom Co., Ltd.

(Translation of registrant’s name into English)

65, Euljiro, Jung-gu

Seoul 04539, Korea

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

Future Business and Management Plan (Fair Disclosure)

※ The information below concerns future plans and is subject to change
1. Future Plan						Specification of future business objectives of SK Telecom Co., Ltd. (“SK Telecom” or the “Company”) following the establishment of the Company’s AI business strategy
2. Material Content and Implementation Timeline		Purpose				Sharing of organizational restructuring details aimed at consolidation of company-wide AI business capabilities and details of the business objectives derived from such restructuring
		Details				1. SK Telecom’s AI Business Strategy - Launch of AI “Company-in-Company” unit and consolidation of related business capabilities 2. AI-Related Investment and Revenue Goals for the Next Five Years - Cumulative investment of Won 5 trillion over the next five years - AI-related revenue of Won 5 trillion or more in 2030
		Implementation Timeline		From		September 25, 2025
				To		December 31, 2030
		Expected Investment Amount				Cumulative investment of Won 5 trillion over the next five years
		Anticipated Impact				AI-related revenue of Won 5 trillion or more in 2030
3. Obstacles						—
4. Date of Board Resolution						September 25, 2025
5. Provision of Information		Provider				SK Telecom
		Target Audience				All employees, media, etc.
		Expected Time and Date of Provision				September 25, 2025, 14:00 (Korea time)
		Name of Event (Location)				SK Telecom Townhall Meeting
6. Point of Contact (Department/Telephone Number)						IR Team, SK Telecom (+82-2-6100-2114)
7. Other Matters Relating to Investment Decision
- Regarding Item 2 above, the AI-related revenue target in 2030 reflects an update to such target originally included in the Company’s 2024 Corporate Value-Up Plan. Such change reflects developments in the AI market and business environment. The Company intends to disclose further details in its announcement of the 2025 Corporate Value-Up Plan. - Regarding Item 4 above, the date of board resolution refers to the date on which the future business plan was announced, and such matter was not subject to a resolution of the board of directors of the Company. - The relevant information is provided to increase the understanding of investors and contain forward-looking statements, which may change in the future based on factors such as the business environment.
Expected Date of Disclosure of Status						—
※ Related Disclosure						Disclosure of Corporate Value-Up Plan (October 24, 2024)

Cautionary Statement Regarding Forward-Looking Statements

The material above contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or performance to be materially different from any future results or performance expressed or implied by such forward-looking statements. We do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Additional information concerning these and other risk factors are contained in our latest annual report on Form 20-F and in our other filings with the U.S. Securities and Exchange Commission.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SK TELECOM CO., LTD.
(Registrant)
By:		/s/ Hee Jun Chung

(Signature)
Name:		Hee Jun Chung
Title:		Vice President

Date: September 25, 2025

FAQ

What AI investment is SK Telecom (SKM) planning under this 6-K disclosure?

SK Telecom plans a cumulative AI-related investment of Won 5 trillion over the next five years as part of its new AI business strategy and organizational restructuring.

What AI revenue target did SK Telecom (SKM) set for 2030?

The company is targeting AI-related revenue of Won 5 trillion or more in 2030, updating the target originally included in its 2024 Corporate Value-Up Plan.

What is the implementation timeline for SK Telecoms new AI business plan?

The implementation period for the AI business strategy runs from September 25, 2025 to December 31, 2030, covering investment and execution of related initiatives.

How is SK Telecom changing its organization for AI under this plan?

SK Telecom plans to launch an AI Company-in-Company unit and consolidate related business capabilities across the company to support its AI strategy and revenue goals.

Does SK Telecom consider these AI targets to be final commitments?

No. The company notes the information is forward-looking and subject to change based on factors such as the business environment and AI market developments, and includes a detailed cautionary statement.

How does this AI plan relate to SK Telecoms Corporate Value-Up Plan?

The 2030 AI-related revenue target reflects an update to the goal in the 2024 Corporate Value-Up Plan, and SK Telecom intends to disclose further details with its 2025 Corporate Value-Up Plan.