SK Telecom Announces 1Q 2022 Earnings Results

Via SK Telecom

May 10, 2022

  • SKT posts revenue of KRW 4.277 trillion, operating income of KRW 432.4 billion, and net income of KRW 220.3 billion.

  • SKT maintains mobile market leadership driven by strong 5G subscriber growth and SK Broadband achieves highest net additions of cumulative IPTV subscribers in the market for four consecutive quarters.

  • SKT’s five business groups continued to grow, with media and enterprise business achieving two-digit growth compared to the same period last year.

  • SKT and SK Broadband continue to put efforts to advance the network infrastructure, spending a combined total capital expenditure of KRW 279.4 billion in the first quarter.

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