23 Facts About SK Telecom

SK Telecom is the largest wireless carrier in South Korea, with 27.

SK Telecom became the world's first carrier to commercialize HSDPA in May 2006.

In November 2015, SK Telecom announced signing a deal to acquire CJ HelloVision, the country's largest cable and Internet operator, with the view to merge it with its own cable unit, SK Broadband.

SK Telecom was established in March 1984 under the name Korea Mobile Telecommunications Services Corp.

In October 2000, SK Telecom became the second operator in the world after NTT DoCoMo to launch a commercial 3G service using W-CDMA technology.

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In May 2005, SK Telecom divested 60 percent of SK Teletech stock to cellphone maker Pantech.

In December 1999, SK Telecom surpassed ten million subscriber mark, the following month, it launched the world's first commercial CDMA2000 service.

New millennium ushered in an era of cross-platform online networks that saw efforts to integrate mobile services, as SK Telecom was exploring new value-creating models such as m-Commerce and satellite DMB Service.

In 2013 SK Telecom was the world's first operator to offer a commercial LTE-Advanced network under the brand name bandLTE.

On December 17, 2018 SK Telecom introduced the 'baro' roaming plan which offers unlimited use of international roaming voice calls.

In June 2019, SK Telecom announced the launching of the world's first 5G roaming service partnering with Swisscom.

In October 2020, SK Telecom formed a partnership with Uber Technologies, with a plan to break off mobility operation into a subsidiary called T Map Mobility.

SK Telecom provides online multiplatform entertainment, business and financial services:.

SK Telecom is currently putting its efforts in expanding into global markets, such as Vietnam, U S, China and the Philippines.

SK Telecom is forging strategic alliances with other global carriers and IT businesses.

In 2000, SK Telecom first entered China, later forming a joint venture with China Unicom for wireless Internet service in February 2004.

In 2006, SK Telecom bought $1 billion worth of convertible bonds of China Unicom Hong Kong, a division of China Unicom and agreed to cooperate in joint sourcing of handsets, development of additional services, platform development, marketing and distribution, customer relationship management, and network development.

On January 26, 2005, SK Telecom announced that it had formed a $440 million joint venture with Earthlink to form a new U S cellular carrier named SK-Earthlink, later that year, the name was changed to Helio.

In 2007, SK Telecom began talks to purchase a stake in Sprint Nextel, however by 2008 it had backed away from the deal.

On March 6, 2008, SK Telecom launched Mobile Money Ventures, a joint venture with Citibank.

In September 2001, SK Telecom established S-Telecom, through a Business Cooperation Contract with SPT (Saigon Postel), a Vietnamese phone company with a CDMA license.

SK Telecom announced on October 28, 2019, that they will deploy 5G services in the Philippines, in partnership with Now Telecom.

SK Telecom has a number of subsidiaries that support its growth.