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SK Telecom mobile communications business recovers on 5G subscriber base growth

Wednesday 13 November 2019 | 17:05 CET | News
South Korean operator SK Telecom posted revenue of KRW 4.561 trillion for the third quarter of 2019, which represents an increase of 9 percent year-on-year. Operating income slightly declined by 0.7 percent to KRW 302.1 billion, while net income jumped 5.9 percent to KRW 274.4 billion compared to the previous quarter. In particular, mobile communications business revenue edged up by 0.1 percent year-on-year, representing an increase for the first time in eight quarters.

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Categories: Mobile & Wireless
Companies: SK Telecom
Countries: Korea, Republic of
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