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SK Telecom ends 2022 with 13.4 million 5G subscribers

SK Telecom, South Korea’s largest telecom operator, ended the fourth quarter of the yr with a complete of 13.4 million subscribers within the 5G section, up from 12.5 million within the earlier quarter, the provider stated in its earnings assertion.

Throughout final yr, SK Telecom recorded a web addition of three.5 million 5G prospects.

On the finish of the fourth quarter, the operator’s 5G subscribers accounted for 58% of its general handset subscribers, up from 52% on the finish of September 2022.

Within the LTE section, SK Telecom ended the yr with 16.36 million, down from 17.2 million within the earlier quarter.

The telco ended This fall 2022 with a complete of 32.83 million cellular subscribers, flat versus This fall 2021.

In This fall, the telco’s cellular service income rose 1.7% year-on-year to KRW2.6 trillion ($2.1 billion), with ARPU flat at KRW30,495.

Enterprise gross sales elevated 9.7% to KRW391.8 billion, primarily pushed by positive aspects in its information heart and cloud companies.

SK Broadband’s income elevated 2.6 per cent to KRW4.2 trillion.

The telco’s web revenue declined 60.8% to KRW947.8 billion, attributed to the exclusion of fairness positive aspects from SK Hynix, whereas consolidated income elevated 3.3% to KRW17.3 trillion.

SK Telecom stated its full-year capex was flat at KRW3 trillion.

In November of final yr, the telco’s CEO Ryu Younger-sang stated that SK Telecom goals to turn out to be a synthetic intelligence (AI) firm.

Ryu careworn that SK Telecom will form itself into an AI firm by combining AI with a variety of connectivity applied sciences.

To realize the brand new imaginative and prescient, the provider unveiled the next three methods designed to innovate its 5 enterprise teams. Final yr, the corporate rearranged its enterprise into 5 completely different teams, particularly mounted and cellular telecommunications, media, enterprise, AIVERSE (AI+Universe), and linked intelligence.

Firstly, the provider stated it can redefine its core companies with AI. By attaining AI transformation of its mounted and cellular telecommunications, media and enterprise companies, the corporate stated it goals to create new alternatives and progress drivers.

SK Telecom stated it can enhance the general course of to allow prospects to go looking, subscribe to and use mounted and cellular telecommunications providers with higher comfort and ease by making use of AI to this whole course of.

Within the media enterprise, the corporate stated it can combine its media-related property which can be scattered throughout numerous media providers like IPTV and T Commerce to strengthen its content material energy. It would additionally mix AI know-how to those property to supply personalised content material to prospects.

In enterprise enterprise, it can facilitate AI transformation of its enterprise prospects via the six major enterprise areas – particularly information heart, personal community, IoT, cloud, large information and AI.

Secondly, SK Telecom will strengthen buyer relationships by making use of new applied sciences and content material to AI-based providers like ‘A.,’ ‘ifland’ and ‘T Universe.’

Thirdly, SK Telecom stated it can put money into or purchase corporations that may create higher synergies when mixed with its AI applied sciences.



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