Sk Telecom ( (SKM) ) has released its Q2 earnings. Here is a breakdown of the information Sk Telecom presented to its investors.
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SK Telecom, a leading player in the mobile industry, is rapidly transforming into an AI-focused company with a strong global presence, driving innovations in AI Infrastructure, AI Transformation, and AI Service. In its latest earnings report, SK Telecom announced consolidated revenue of KRW 4.3388 trillion for the second quarter of 2025, with operating income of KRW 338.3 billion and net income of KRW 83.2 billion. Despite a decline in operating and net income due to one-time costs, the company’s AI business showed promising growth, with a 13.9% year-over-year increase. The AI data center business and AI Transformation business contributed significantly to this growth, with plans to expand further through a new data center in collaboration with Amazon Web Services. SK Telecom has also launched an ‘Accountability and Commitment Program’ to enhance customer protection and information security, following a recent cybersecurity incident. This initiative includes significant investments in security systems and customer benefits to rebuild trust. Looking ahead, SK Telecom is committed to reinforcing its core telecommunications business while advancing its AI monetization strategy, with a focus on becoming a key AI hub in the Asia Pacific region.