SK Telecom, South Korea’s largest telecom operator, ended the fourth quarter of the yr with a complete of 13.4 million subscribers within the 5G phase, up from 12.5 million within the earlier quarter, the provider stated in its earnings assertion.
Throughout final yr, SK Telecom recorded a internet addition of three.5 million 5G prospects.
On the finish of the fourth quarter, the operator’s 5G subscribers accounted for 58% of its general handset subscribers, up from 52% on the finish of September 2022.
Within the LTE phase, SK Telecom ended the yr with 16.36 million, down from 17.2 million within the earlier quarter.
The telco ended This fall 2022 with a complete of 32.83 million cell subscribers, flat versus This fall 2021.
In This fall, the telco’s cell service income rose 1.7% year-on-year to KRW2.6 trillion ($2.1 billion), with ARPU flat at KRW30,495.
Enterprise gross sales elevated 9.7% to KRW391.8 billion, primarily pushed by good points in its information heart and cloud companies.
SK Broadband’s income elevated 2.6 per cent to KRW4.2 trillion.
The telco’s internet revenue declined 60.8% to KRW947.8 billion, attributed to the exclusion of fairness good points from SK Hynix, whereas consolidated income elevated 3.3% to KRW17.3 trillion.
SK Telecom stated its full-year capex was flat at KRW3 trillion.
In November of final yr, the telco’s CEO Ryu Younger-sang stated that SK Telecom goals to develop into a synthetic intelligence (AI) firm.
Ryu burdened that SK Telecom will form itself into an AI firm by combining AI with a variety of connectivity applied sciences.
To realize the brand new imaginative and prescient, the provider unveiled the next three methods designed to innovate its 5 enterprise teams. Final yr, the corporate rearranged its enterprise into 5 totally different teams, specifically fastened and cell telecommunications, media, enterprise, AIVERSE (AI+Universe), and related intelligence.
Firstly, the provider stated it is going to redefine its core companies with AI. By attaining AI transformation of its fastened and cell telecommunications, media and enterprise companies, the corporate stated it goals to create new alternatives and progress drivers.
SK Telecom stated it is going to enhance the general course of to allow prospects to look, subscribe to and use fastened and cell telecommunications companies with higher comfort and ease by making use of AI to this whole course of.
Within the media enterprise, the corporate stated it is going to combine its media-related belongings which might be scattered throughout various media companies like IPTV and T Commerce to strengthen its content material energy. It’s going to additionally mix AI expertise to those belongings to supply personalised content material to prospects.
In enterprise enterprise, it is going to facilitate AI transformation of its enterprise prospects by means of the six principal enterprise areas – specifically information heart, non-public community, IoT, cloud, large information and AI.
Secondly, SK Telecom will strengthen buyer relationships by making use of new applied sciences and content material to AI-based companies like ‘A.,’ ‘ifland’ and ‘T Universe.’
Thirdly, SK Telecom stated it is going to spend money on or purchase firms that may create higher synergies when mixed with its AI applied sciences.
