SK Telecom Files June 2024 6-K Report
Ticker: SKM · Form: 6-K · Filed: Jun 12, 2024 · CIK: 1015650
| Field | Detail |
|---|---|
| Company | Sk Telecom Co Ltd (SKM) |
| Form Type | 6-K |
| Filed Date | Jun 12, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: reporting, foreign-private-issuer
TL;DR
SK Telecom filed its monthly 6-K report on June 12, 2024. Standard procedure.
AI Summary
SK Telecom Co., Ltd. filed a Form 6-K on June 12, 2024. The filing is a report of a foreign private issuer for the month of June 2024. SK Telecom is headquartered in Seoul, Korea, and previously operated under the name Korea Mobile Telecommunications Corp before changing its name on May 30, 1996.
Why It Matters
This filing provides routine updates for investors regarding SK Telecom's status as a foreign private issuer, offering transparency into its ongoing reporting obligations.
Risk Assessment
Risk Level: low — This filing is a routine report and does not contain new financial information or significant corporate events.
Key Players & Entities
- SK Telecom Co., Ltd. (company) — Registrant
- Korea Mobile Telecommunications Corp (company) — Former company name
- June 12, 2024 (date) — Filing date
- Seoul, Korea (location) — Company headquarters
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign private issuers required to be filed with the SEC to provide information that the issuer has made or is required to make public pursuant to the laws of its home country or has filed or is required to file with a stock exchange.
When was SK Telecom Co., Ltd. previously known as Korea Mobile Telecommunications Corp?
The company's name was changed from Korea Mobile Telecommunications Corp to SK Telecom Co., Ltd. on May 30, 1996.
What is the primary business of SK Telecom Co., Ltd. according to the filing?
The filing lists SK Telecom's Standard Industrial Classification as 'RADIO TELEPHONE COMMUNICATIONS [4812]'.
Where is SK Telecom Co., Ltd. headquartered?
SK Telecom Co., Ltd. is headquartered at 65, Eulji-ro, Jung-gu, Seoul 04539, Korea.
Does SK Telecom file annual reports under Form 20-F or 40-F?
SK Telecom indicates that it files annual reports under cover of Form 20-F.
Filing Stats: 4,284 words · 17 min read · ~14 pages · Grade level 14.3 · Accepted 2024-06-12 06:01:53
Filing Documents
- d843133d6k.htm (6-K) — 3408KB
- g843133dsp119.jpg (GRAPHIC) — 15KB
- g843133dsp120.jpg (GRAPHIC) — 7KB
- g843133dsp41.jpg (GRAPHIC) — 15KB
- g843133dsp42.jpg (GRAPHIC) — 8KB
- 0001193125-24-159435.txt ( ) — 3472KB
BUSINESS
BUSINESS 1. Business Overview Each company in the consolidated entity is a separate legal entity providing independent services and products. The Companys business is primarily separated into (1) the wireless business consisting of cellular voice, wireless data and wireless Internet services, (2) the fixed-line business consisting of fixed-line telephone, high-speed Internet, data and network lease services, among others and (3) other businesses consisting of commercial retail data broadcasting channel business, among others. Set forth below is a summary description of the business of each of the Companys material consolidated subsidiaries. Classification Company name Description of business Wireless SK Telecom Co., Ltd. Wireless voice and data telecommunications services via digital wireless networks PS&Marketing Co., Ltd. (PS&Marketing) Sale of fixed-line and wireless telecommunications products through wholesale, retail and online distribution channels SK O&S Co., Ltd. (SK O&S) Maintenance of switching stations Service Ace Co., Ltd. (Service Ace) Management and operation of customer centers Fixed-line SK Broadband Co., Ltd. (SK Broadband) High-speed Internet, TV, telephone, commercial data and other fixed-line services and management of the transmission system for online digital contents Various media-related services, such as channel management services including video-on-demand services Home & Service Co., Ltd. (Home&Service) System maintenance of high-speed Internet, Internet protocol TV (IPTV) and fixed-line services SK Telink Co., Ltd. (SK Telink), International wireless direct-dial 00700 services and MVNO business Other business SK stoa Co., Ltd. (SK Stoa) Operation of commercial retail data broadcasting channel services Atlas Investment Investments SK Telecom Innovation Fund, L.P. Investments SK m&service Co., Ltd. (SK M&Service) Database and online information services SAPEON Inc. (Sapeon) Manufactur
Business
Business Major Companies Items Major Trademarks For the three months ended March 31, 2024 For the year ended December 31, 2023 2022 Consolidated Sales Amount Ratio Consolidated Sales Amount Ratio Consolidated Sales Amount Ratio Wireless SK Telecom Co., Ltd., PS&Marketing Co., Ltd., Service Ace Co., Ltd. SK O&S Co., Ltd., etc. Mobile communications service, wireless data service, ICT service T, 5GX, T Plan and others 3,338,838 75 % 13,123,166 75 % 12,942,316 75 % Fixed-line SK Broadband Co., Ltd., SK Telink Co., Ltd. Home & Service Co., Ltd., etc. Fixed-line phone, high-speed Internet, data and network lease service B tv, 00700 international call, 7mobile and others 1,003,694 22 % 3,928,020 22 % 3,812,989 22 % Other SK stoa Co., Ltd., etc. Commercial retail data broadcasting channel services and others Stoa ON 132,079 3 % 557,325 3 % 549,668 3 % Total 4,474,611 100 % 17,608,511 100 % 17,304,973 100 % 4. Price Trends for Major Products [Wireless Business] As of March 31, 2024, based on the Companys standard monthly subscription plan, the basic service fee was Won 12,100 (including value-added tax) and the usage fee was Won 1.98 per second. Among the 4G-based plans, the T-Plan Safe 4G provides 4 GB of data and unlimited voice calls at Won 50,000 per month (including value-added tax). Among the 5G-based plans, the Basic plan provides 11 GB of data and unlimited voice calls at Won 49,000 per month (including value-added tax). On June 1, 2023, the Company launched the 5G 0 Youth plan, which actively reflects the data usage patterns and lifestyle trends of the younger demographics. The Company plans to continue to introduce new services that reach out to different customer segments. The Company provides a variety of other subscription plans catering to subscriber demand, which may be reviewed on the Companys website at www.tworld.co.kr. 8 Table of Cont