09/25/2025 | Press release | Distributed by Public on 09/25/2025 04:07
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 |
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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) |
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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. |
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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 |
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