MARKET COMPOSITE
SKM - SK Telecom Co Ltd8:00:01 PM 4/24/2024
Price
$20.49
-0.04 (-0.19%)
SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The Cellular Services segment offers wireless voice and data transmission, cellular global roaming, interconnection, Internet of Things, and platform services, as well as sells smartphones, basic phones, tablets and other Internet access devices, and wearable devices. The Fixed-Line Telecommunication Services segment provides local, domestic and international long distance, and voice over Internet protocol services; broadband Internet access; Internet protocol TV and mobile over-the-top; and leased line solutions, Internet data center, and network solution services. The Commerce Services segment operates 11st, an online open marketplace; and T-commerce network that offer assortment of goods and services through pre-recorded television programming. The Other Businesses segment provides marketing platform services, such as Syrup Wallet, a mobile wallet service; OK Cashbag, a loyalty points program; and One Store, a mobile application marketplace. The Security Services segment offers physical security services, which includes centralized monitoring system; information security solutions, such as information security consulting, managed security, and cyber threat intelligence solutions; and operates parking management and security solutions business. In addition, it offers call center management, base station maintenance, information gathering and consulting, system software development and supply, quantum information and communications, data base and internet website, and digital contents sourcing services; manufactures and sells e-book; sells contents and mastering quality sound album; sells and trades in anti-theft and surveillance devices; and operates information and communications facilities. As of December 31, 2019, the company had 3.9 million fixed-line telephone and 31.5 million wireless subscribers. The company was founded in 1984 and is headquartered in Seoul, South Korea.
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Stock news

    SK Telecom (NYSE:SKM, "SKT") today announced a collaboration with Aptos Labs, Brevan Howard, and Microsoft to deliver to the global financial market Aptos Ascend, a suite of end-to-end institutional solutions including a permissioned network and Digital Asset Controls powered by SKT's Wallet-as-a-Service product and the scalable, secure Aptos blockchain. Aptos Ascend will also tap Brevan Howard's industry leadership and expertise to develop a seamless path for any major bank or financial institu

    ORAN vs. SKM: Which Stock Is the Better Value Option?

    The aim is to offer banks and large institutions a gateway to decentralized finance on Aptos.

    In a groundbreaking move at the Google Next 24 event, Swit Technologies Inc., a San Francisco-based Enterprise Workspace startup, introduced Snap, its innovative AI co-pilot, to revolutionize collaborative project work. The announcement was made by Swit's CEO, Josh Lee, during the Startup Launch event, where attendees were treated to a unique demonstration showcasing the capabilities of Snap.

    TIM, SK Telecom and KT have been highlighted in this Industry Outlook article.

    The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. TIMB, SKM and KT are well-positioned to make the most of the demand for seamless connectivity solutions.

    SK Telecom (NYSE:SKM, "SKT") today announced that it has upgraded call-related features of its personalized AI personal assistant, "A." (pronounced "A dot"), and made features such as "A. Call Translator" available for Android device users.

    Hyped hardware startup Humane has announced plans for its first international market, inking a deal with South Korean carrier SK Telecom. The announcement comes shortly after the San Francisco-based company revealed it was pushing back the shipping date of its Ai Pin device from March to mid-April in its domestic U.S. market. Founded in 2017 by former Apple executives Bethany Bongiorno and Imran Chaudhri, Humane had raised north of $200 million from backers including Microsoft, Qualcomm Ventures

    SK Telecom (NYSE: SKM, "SKT"), Iceotope Technologies, the global leader in Precision Liquid Cooling, and SK Enmove, Korea's leading base oil and lubricants provider developing thermal fluids for data center, signed a memorandum of understanding (MOU) to collaborate on the development of liquid cooling technique/solution that optimizes energy-efficiency of AI data centers.

    SK Telecom, South Korea's largest telco, is partnering with U.S. AI startup Perplexity to offer the artificial intelligence-based search engine to its users as an alternative to Google and Naver, the companies told Reuters. The partnership would allow SK Telecom's subscribers to use the paid version of Perplexity for free, and for SK Telecom to access Perplexity's proprietary models to build personal AI assistant products with access to real-time information, the companies said.