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SK Telecom's revenue grows 5% in 2020 on 15% increase in New ICT business

Wednesday 3 February 2021 | 08:36 CET | News
South Korean operator SK Telecom posted revenue of KRW 18.625 trillion for the twelve months of 2020, which represents an increase of 5 percent compared to 2019. This revenue growth was mainly boosted by a 15.3 percent increase in SK Telecom's 'New ICT' business areas, including media and commerce, along with a 2.8 percent revenue increase posted by the MNO business thanks to 5G subscriber additions. The combined total operating income of the New ICT businesses accounted for 24 percent of the company's operating income for 2020.

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Categories: Mobile & Wireless
Companies: SK Broadband / SK Hynix / SK Telecom / T-broad
Countries: Korea, Republic of
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