SK TELECOM CO LTD

SK Telecom Co., Ltd. has issued a clarification regarding recent media reports about its potential overseas AI data center expansion. While the company previously disclosed a plan to build AI data centers with a target capacity of 15 gigawatts, it stated that there are no specific plans for "additional securing of 5 GW of capacity overseas" beyond what has already been publicly disclosed. This filing addresses rumors published by outlets including the Electronic Times.

SK Telecom Co., Ltd. provided an update to its previous clarification regarding media reports about a potential equity investment by Kohlberg Kravis Roberts & Co. in its AI data center project and a contemplated Won 1 trillion capital increase. The company confirmed it is still reviewing various strategic options for its AI data center business, but no specific determinations or decisions have been made as of the report date. Further disclosures are expected when specific matters are determined or within three months.

SK Telecom reported strong preliminary consolidated results for Q2 2026. Profit for the Period surged by 459.76% year-over-year to KRW 4.66 trillion, while Operating Income increased by 67.34% year-over-year to KRW 566 billion. Consolidated Operating Revenue saw a modest increase of 0.47% year-over-year, reaching KRW 4.36 trillion. These preliminary figures are subject to change following the external audit.

SK Telecom Co., Ltd. announced it will host a conference call to discuss its second quarter 2026 earnings results. The call is scheduled for August 8, 2026, at 4:00 p.m. Seoul time, and will include a Q&A session. Investors and analysts are invited to participate, with real-time audio and archived access available via the company's IR website.

SK Telecom Co., Ltd. filed an Amendment No. 1 to its Form 6-K, originally furnished on June 30, 2026, regarding the acquisition of shares of SKHNPS. The amendment's sole purpose is to update the scheduled acquisition date. The new scheduled acquisition date for the acquisition of SKHNPS shares is July 31, 2026, a change attributed to the progress of various necessary closing procedures.

SK Telecom Co., Ltd. announced its board of directors approved the establishment of, and capital contribution to, a new subsidiary named SK Hyper Co., Ltd. The company will acquire 100% of SK Hyper for an aggregate value of 750 billion Won to strengthen its artificial intelligence (AI) data center business. An initial 330 billion Won is expected to be contributed in July 2026, with the remaining 420 billion Won contributed subsequently.

SK Telecom Co., Ltd. announced that its Board of Directors resolved to declare a quarterly cash dividend for the second quarter of 2026. The dividend per common share is 830 Won, with a market dividend rate of 0.9%. The total dividend payment amounts to 176,838,066,130 Won. The record date for the dividend is August 31, 2026, and the payment date is September 17, 2026.

SK Telecom Co., Ltd. issued a clarification regarding recent media reports about Kohlberg Kravis Roberts & Co. (KKR) reviewing acquisition financing for a potential equity investment in SK Telecom's artificial intelligence (AI) data center project. The reports suggested a contemplated capital increase of approximately Won 1 trillion. SK Telecom stated that while it is reviewing various strategic options for its AI data center business, no specific determinations or decisions have been made as of the filing date. The company expects to make further disclosures when matters are determined or within one month.

SK Telecom Co., Ltd. has published its "SK Telecom Sustainability Report 2025," detailing its sustainability management strategies, activities, and achievements across environmental, social, and governance (ESG) areas. The report, certified by DNV Business Assurance Korea, adheres to GRI Standards, KSSB Sustainability Disclosure Standards, and SASB. It covers the period from January 1, 2025, to December 31, 2025, focusing primarily on operations within the Republic of Korea.

SK Telecom Co., Ltd. announced its board of directors approved the acquisition of an equity stake in its affiliate, SK hynix NAND Product Solutions Corp. (SKHNPS). The company will acquire 642 shares for an aggregate value of 397,129,047,957 Won, which is approximately $257.17 million USD. This strategic investment, representing a 0.62% stake, is intended to foster synergies with SK Telecom's artificial intelligence business.