Sk Telecom Stock News

KKR and a consortium of South Korean firms are investing $2.2 billion in an AI data-center company being created by telecommunications firm SK Telecom through a spinoff.

-  SK Telecom further restructures its AI infrastructure business to enhance expertise, accelerate decision-making, and enable focused investment ①  Plans to establish a new company 'SK Horizon' by spinning off SK Broadband's data center and submarine cable businesses ②  KKR and the IMM Investment-Stonebridge consortium will each invest in SK Horizon, with their investments totaling KRW 3.08 tr...

SEOUL, South Korea--(BUSINESS WIRE)--SK Telecom Launches AI Data Center Infrastructure Company ‘SK Horizon' and Secures Investments from KKR and IMM.

Ulsan AI Data Center to expand to GW scale; 5GW to be activated in stages from 2029, reaching 15GW in total SK Group brings together full-stack AI infrastructure capabilities; SKT to spearhead the overall project Korea's third national infrastructure revolution following the Gyeongbu Expressway and high-speed internet SEOUL, Korea, July 5, 2026 /PRNewswire/ -- SK Telecom (NYSE: SKM, hereafter "...