SK TELECOM SEC Filings

SK Telecom Co., Ltd. will hold a conference call to discuss its 2026 first-quarter earnings results. The call is scheduled for May 7, 2026 at 4:00 p.m. Seoul time at SK Telecom’s headquarters. Investors and analysts can access a real-time audio webcast and an archived replay through the company’s IR website. Presentation materials for the call will also be made available on the IR website on May 7, 2026.

SK Telecom Co., Ltd. files its annual Form 20-F, prepared under IFRS Accounting Standards for the years ended December 31, 2025, 2024 and 2023. The company reports 212,982,275 common shares outstanding as of December 31, 2025, excluding 1,807,778 treasury shares.

The filing emphasizes intense competition in Korean telecoms, including rising mobile virtual network operator (MVNO) market share from 15.5% in 2023 to 18.3% in 2025 and high mobile phone penetration of about 110.6%. It details heavy capital expenditures of Won 2,206.6 billion in 2025 and notes upcoming spectrum renewals in 2026.

SK Telecom also describes a significant April 2025 cybersecurity incident involving leakage of USIM information, a related loss of about 0.73 million mobile subscribers, an imposed fine of Won 134.8 billion, planned Won 700 billion cybersecurity investments over five years, and customer benefits of roughly Won 500 billion in 2025.

SK Telecom Co., Ltd. files its annual Form 20-F, prepared under IFRS Accounting Standards for the years ended December 31, 2025, 2024 and 2023. The company reports 212,982,275 common shares outstanding as of December 31, 2025, excluding 1,807,778 treasury shares.

The filing emphasizes intense competition in Korean telecoms, including rising mobile virtual network operator (MVNO) market share from 15.5% in 2023 to 18.3% in 2025 and high mobile phone penetration of about 110.6%. It details heavy capital expenditures of Won 2,206.6 billion in 2025 and notes upcoming spectrum renewals in 2026.

SK Telecom also describes a significant April 2025 cybersecurity incident involving leakage of USIM information, a related loss of about 0.73 million mobile subscribers, an imposed fine of Won 134.8 billion, planned Won 700 billion cybersecurity investments over five years, and customer benefits of roughly Won 500 billion in 2025.

SK Telecom Co., Ltd. plans to dispose of 51,952 treasury common shares to provide stock-based bonuses to its independent non-executive directors and long-term incentive awards to executives. The shares will be transferred over-the-counter between April 28 and May 31, 2026 at ₩100,000 per share, for an estimated total of ₩5,195,200,000. The company states this represents about 0.02% of its 214,790,053 issued common shares, so the expected dilutive impact is limited.

SK Telecom Co., Ltd. plans to dispose of 51,952 treasury common shares to provide stock-based bonuses to its independent non-executive directors and long-term incentive awards to executives. The shares will be transferred over-the-counter between April 28 and May 31, 2026 at ₩100,000 per share, for an estimated total of ₩5,195,200,000. The company states this represents about 0.02% of its 214,790,053 issued common shares, so the expected dilutive impact is limited.

SK Telecom has approved a quarterly cash dividend for the first quarter of 2026. The board set a record date of May 31, 2026, meaning shareholders on that date will be entitled to receive the dividend.

The dividend is 830 Won per share for common stock, with a stated market dividend rate of 0.8%. The total cash outlay for this dividend is 176,790,743,680 Won, and the company plans to pay it on June 18, 2026.

The decision was made by the board of directors on April 27, 2026, with five outside directors recorded as present. No dividend is listed for preferred stock in this resolution.

SK Telecom has approved a quarterly cash dividend for the first quarter of 2026. The board set a record date of May 31, 2026, meaning shareholders on that date will be entitled to receive the dividend.

The dividend is 830 Won per share for common stock, with a stated market dividend rate of 0.8%. The total cash outlay for this dividend is 176,790,743,680 Won, and the company plans to pay it on June 18, 2026.

The decision was made by the board of directors on April 27, 2026, with five outside directors recorded as present. No dividend is listed for preferred stock in this resolution.

SK Telecom reports consolidated 2025 operating revenue of W 17.10 trillion, down from W 17.94 trillion, with operating profit falling to W 1.07 trillion and profit attributable to owners dropping to W 408.4 billion.

Wireless services generated W 12.55 trillion, or 73% of external sales, and fixed-line businesses W 4.19 trillion, or 25%. The company had 17.49 million 5G subscribers, representing 80% of its mobile base. It maintained top-tier domestic AAA (Stable) bond ratings and paid cash dividends of W 1,660 per share, an 86.6% payout on consolidated earnings.

SK Telecom reports consolidated 2025 operating revenue of W 17.10 trillion, down from W 17.94 trillion, with operating profit falling to W 1.07 trillion and profit attributable to owners dropping to W 408.4 billion.

Wireless services generated W 12.55 trillion, or 73% of external sales, and fixed-line businesses W 4.19 trillion, or 25%. The company had 17.49 million 5G subscribers, representing 80% of its mobile base. It maintained top-tier domestic AAA (Stable) bond ratings and paid cash dividends of W 1,660 per share, an 86.6% payout on consolidated earnings.

SK Telecom Co., Ltd. reported the disposal of 14,621 treasury common shares between February 4 and March 25, 2026, at aggregate proceeds of 1,161,969,600 Won. The shares were transferred to officers and employees in connection with stock options granted at the 2021 annual general meeting of shareholders.

The company used a “compensation in treasury shares for the difference in price” method, delivering shares equal in value to the difference between each option’s exercise price and the closing market price, after withholding taxes. Because this settlement method depends on market prices at exercise, the actual 14,621 shares disposed differed from the 71,726 shares originally estimated as subject to disposal in the initial report.

SK Telecom Co., Ltd. reported the disposal of 14,621 treasury common shares between February 4 and March 25, 2026, at aggregate proceeds of 1,161,969,600 Won. The shares were transferred to officers and employees in connection with stock options granted at the 2021 annual general meeting of shareholders.

The company used a “compensation in treasury shares for the difference in price” method, delivering shares equal in value to the difference between each option’s exercise price and the closing market price, after withholding taxes. Because this settlement method depends on market prices at exercise, the actual 14,621 shares disposed differed from the 71,726 shares originally estimated as subject to disposal in the initial report.

SK Telecom Co., Ltd. has approved a small-scale share exchange to make its subsidiary SK Broadband a wholly-owned unit. All SK Broadband shares not already owned by SK Telecom will be acquired for cash at Won 15,032 per common share, with no new SK Telecom shares issued.

The exchange ratio was set using Korean regulatory valuation methods, applying market price for SK Telecom and intrinsic value for SK Broadband. The board-approved transaction aims to improve management efficiency, flexibility and business synergies, and is stated to have no material direct impact on either company’s financial condition.

Key dates include an April 10, 2026 record date, a notice-of-objection period through April 24, 2026, and an expected share exchange date of May 29, 2026. As a small-scale share exchange under Korean law, SK Telecom shareholders do not receive appraisal rights, and the deal cannot proceed on this basis if holders of 20% or more of SK Telecom’s issued shares oppose it.

SK Telecom Co., Ltd. has approved a small-scale share exchange to make its subsidiary SK Broadband a wholly-owned unit. All SK Broadband shares not already owned by SK Telecom will be acquired for cash at Won 15,032 per common share, with no new SK Telecom shares issued.

The exchange ratio was set using Korean regulatory valuation methods, applying market price for SK Telecom and intrinsic value for SK Broadband. The board-approved transaction aims to improve management efficiency, flexibility and business synergies, and is stated to have no material direct impact on either company’s financial condition.

Key dates include an April 10, 2026 record date, a notice-of-objection period through April 24, 2026, and an expected share exchange date of May 29, 2026. As a small-scale share exchange under Korean law, SK Telecom shareholders do not receive appraisal rights, and the deal cannot proceed on this basis if holders of 20% or more of SK Telecom’s issued shares oppose it.

SK Telecom Co., Ltd. reported a change in its representative director. The role will shift from Young Sang Ryu to Jaihun Jung, following a resolution by the company’s Board of Directors on March 26, 2026. This change affects the company’s officially registered legal representative.

The filing also outlines Jung’s background. He has served as Chief Executive Officer of SK Telecom since 2025 and previously held senior roles including Chief Governance Officer and Head of External Affairs. Before joining SK Group companies, he held high-level judicial and administrative positions within Korea’s court system.

SK Telecom Co., Ltd. reported a change in its representative director. The role will shift from Young Sang Ryu to Jaihun Jung, following a resolution by the company’s Board of Directors on March 26, 2026. This change affects the company’s officially registered legal representative.

The filing also outlines Jung’s background. He has served as Chief Executive Officer of SK Telecom since 2025 and previously held senior roles including Chief Governance Officer and Head of External Affairs. Before joining SK Group companies, he held high-level judicial and administrative positions within Korea’s court system.

SK Telecom Co., Ltd. reports 2025 separate results showing weaker earnings under K-IFRS. Operating revenue was W12,051,068 million, down from W12,774,060 million in 2024, with operating profit falling to W811,842 million from W1,523,175 million. Profit for the year declined to W410,795 million from W1,280,484 million.

Total assets were W25,148,736 million and shareholders’ equity W11,991,050 million as of December 31, 2025. Net cash from operating activities was W2,753,008 million, while investing and financing activities used cash, reducing year-end cash and cash equivalents to W771,861 million from W1,165,158 million.

SK Telecom Co., Ltd. reports 2025 separate results showing weaker earnings under K-IFRS. Operating revenue was W12,051,068 million, down from W12,774,060 million in 2024, with operating profit falling to W811,842 million from W1,523,175 million. Profit for the year declined to W410,795 million from W1,280,484 million.

Total assets were W25,148,736 million and shareholders’ equity W11,991,050 million as of December 31, 2025. Net cash from operating activities was W2,753,008 million, while investing and financing activities used cash, reducing year-end cash and cash equivalents to W771,861 million from W1,165,158 million.

SK Telecom Co., Ltd. reported weaker 2025 results under K-IFRS. Operating revenue declined to W17,099,213 million from W17,940,609 million, and operating profit fell to W1,073,215 million from W1,823,409 million. Profit for the year dropped to W375,084 million versus W1,387,095 million, with basic EPS down to W1,825 from W5,780.

Total assets were W30,107,783 million and shareholders’ equity W12,955,292 million as of December 31, 2025, reflecting large other comprehensive income of W1,529,834 million, mainly from W1,465,513 million of valuation gains on financial assets at fair value through OCI. Net cash from operating activities was W3,923,847 million, while investing and financing activities used W1,737,109 million and W2,711,763 million respectively, reducing year-end cash to W1,490,024 million.

Auditors issued unmodified opinions on both the consolidated financial statements and internal control over financial reporting. Key audit matters focused on the existence and accuracy of wireless service revenue of W9,715,601 million and the impairment assessment of goodwill of W764,082 million allocated to the fixed-line telecommunication services cash-generating unit.

SK Telecom Co., Ltd. reported weaker 2025 results under K-IFRS. Operating revenue declined to W17,099,213 million from W17,940,609 million, and operating profit fell to W1,073,215 million from W1,823,409 million. Profit for the year dropped to W375,084 million versus W1,387,095 million, with basic EPS down to W1,825 from W5,780.

Total assets were W30,107,783 million and shareholders’ equity W12,955,292 million as of December 31, 2025, reflecting large other comprehensive income of W1,529,834 million, mainly from W1,465,513 million of valuation gains on financial assets at fair value through OCI. Net cash from operating activities was W3,923,847 million, while investing and financing activities used W1,737,109 million and W2,711,763 million respectively, reducing year-end cash to W1,490,024 million.

Auditors issued unmodified opinions on both the consolidated financial statements and internal control over financial reporting. Key audit matters focused on the existence and accuracy of wireless service revenue of W9,715,601 million and the impairment assessment of goodwill of W764,082 million allocated to the fixed-line telecommunication services cash-generating unit.