Joonsop Kim

ARam Kim

H.J. Kim

Hoji Kim

Hong-sik Kim

Jae-min Ahn

Jeong Jisoo

Seung Woong Lee

Sung Hwan Seok

Sun Jung Lee

- SK Telecom Co., Ltd. reported preliminary consolidated operating revenue of **39,781 hundred million Won** for the third quarter of 2025, representing a **12.23% decrease** compared to the third quarter of 2024.  **[1015650_0001193125-25-257304_d53045d6k.htm:1]** 
- Consolidated operating income for Q3 2025 significantly declined by **90.92% year-over-year**, reaching **484 hundred million Won**.  **[1015650_0001193125-25-257304_d53045d6k.htm:1]** 
- The company reported a consolidated **loss for the period of (1,667) hundred million Won** in Q3 2025, a substantial decline from a profit of 2,802 hundred million Won in Q3 2024.  **[1015650_0001193125-25-257304_d53045d6k.htm:1]** 
- These financial results are **preliminary** and may differ from the final audited results.  **[1015650_0001193125-25-257304_d53045d6k.htm:1]**

SK Telecom Co., Ltd. Reports Preliminary Q3 2025 Financial Results

- SK Telecom Co reported a **12.2% year-on-year decline in consolidated revenue** to **₩3,978.1 billion** and a **90.9% year-on-year drop in operating income** to **₩48.4 billion** for Q3 2025, with **net income turning negative** due to penalties from a cybersecurity incident.  **[1015650_2213353_0]** 
- The company **did not declare dividends for the third quarter** due to the unprecedented deterioration in financial performance, but is committed to restoring stability and resuming dividend payments, aiming for operations to normalize and dividends to return to pre-incident levels by **2026**.  **[1015650_2213353_0]** **[1015650_2213353_3]** **[1015650_2213353_4]** 
- The financial impact in Q3 was largely due to a **₩500 billion quarter-over-quarter decline in mobile revenue**, primarily caused by a **50% tariff discount** in August and enhanced membership benefits, along with a **₩134.8 billion fine** recognized as a non-operating expense.  **[1015650_2213353_0]** **[1015650_2213353_3]** 
- Despite overall challenges, the AI business revenue increased **35.7% year-on-year**, with AI DC revenue growing **53.8%** to **₩149.8 billion**.  **[1015650_2213353_0]** **[1015650_2213353_1]**  The company is expanding its data center operations, including the Ulsan AI Data Center and a new facility in Seoul, targeting **trillion won level revenue** by operating **300MW or more of data center capacity by 2030**.  **[1015650_2213353_7]**

SK Telecom Co Reports Significant Q3 2025 Financial Decline and Suspends Dividend

- SK Telecom Co., Ltd. (SKM) announced a new **AI business strategy**, which includes the launch of an AI "Company-in-Company" unit to consolidate AI business capabilities.  **[1015650_0001193125-25-216337_d50220d6k.htm:1]** 
- The company plans a cumulative investment of **Won 5 trillion** in AI over the next five years.  **[1015650_0001193125-25-216337_d50220d6k.htm:1]** 
- SK Telecom aims to achieve **Won 5 trillion or more** in AI-related revenue by **2030**.  **[1015650_0001193125-25-216337_d50220d6k.htm:1]** 
- These strategic objectives and financial targets are effective from **September 25, 2025**, through **December 31, 2030**.  **[1015650_0001193125-25-216337_d50220d6k.htm:1]** 
- The **2030 AI-related revenue target** updates the target originally included in the 2024 Corporate Value-Up Plan, reflecting developments in the AI market and business environment.  **[1015650_0001193125-25-216337_d50220d6k.htm:1]**

SK Telecom Details AI Investment and Revenue Goals

- For the six months ended June 30, 2025, SK Telecom reported **consolidated revenue** of **W 8,792,477 million** and **consolidated operating profit** of **W 905,644 million**.  **[1015650_0001193125-25-200659_d947104d6k.htm:73]** 
- As of June 30, 2025, the company's 5G subscriber base reached **17.02 million**, accounting for **77%** of its total subscribers.  **[1015650_0001193125-25-200659_d947104d6k.htm:16]** 
- SK Telecom's shareholder return policy for fiscal years 2024 through 2026 aims for at least **50% of adjusted profit** on a consolidated basis, through cash dividends and/or treasury share actions.  **[1015650_0001193125-25-200659_d947104d6k.htm:30]** 
- The cash dividend per common share for the six months ended June 30, 2025, was **Won 1,660**, comprising **Won 830 per share** for both the first and second quarters.  **[1015650_0001193125-25-200659_d947104d6k.htm:32]** 
- As of June 30, 2025, the company held **1,807,778 treasury shares**, representing **0.8%** of total shares.  **[1015650_0001193125-25-200659_d947104d6k.htm:12]** **[1015650_0001193125-25-200659_d947104d6k.htm:77]**

SK Telecom Reports H1 2025 Financial Results and Updates on Subscriber Base and Shareholder Return Policy

- South Korea's Personal Information Protection Commission (PIPC) imposed a record fine of approximately **$97 million** on SK Telecom due to a major data breach that affected around **23 million users**.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]** 
- The breach, which exposed sensitive information like phone numbers and USIM data, occurred between 2021 and 2023 and was attributed to SK Telecom's poor security practices, including a failure to update vulnerable systems and inspect servers after earlier unauthorized access.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]** 
- In response, SK Telecom has committed to a comprehensive compensation and cybersecurity investment plan worth over **1 trillion won** and temporarily suspended new subscription services for two months.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]** 
- The PIPC has mandated SK Telecom to strengthen its data protection measures and restructure its governance to ensure privacy oversight.  **[1015650_3a2ae087c5994bddb0a16f2449c0b12d]**

SK TELECOM CO (SKM)