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SK Telecom's Q2 net income plunges 20%

Thursday 30 July 2015 | 12:04 CET | News
South Korean mobile operator SK Telecom reported revenues of KRW 4.256 trillion for the second quarter of 2015, which represents a decline of 1.2 percent year-on-year. The decrease was due to the elimination of sign-up fees and decreased network interconnection revenue caused by interconnection fee reduction, the company said. Compared to the previous quarter, revenue slightly increased by 0.4 percent, backed by increased sales of SK subsidiaries.

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