SK Telecom Co Ltd ADR (SKM)

SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates in four segments: Cellular Services, Fixed-Line Telecommunication Services, E-Commerce Services, and Other Businesses. The Cellular Services segment offers wireless voice transmission and data transmission services; cellular global roaming services; interconnection services to connect its networks to fixed-line and other wireless networks; Internet of Things solutions; and platform services, as well as sells wireless devices, including smartphones and basic phones, tablets and other Internet access devices, and wearable devices. As of December 31, 2017, it had approximately 30.2 million wireless subscribers. The Fixed-Line Telecommunication Services segment provides fixed-line telephone services, such as local, domestic long distance, international long distance, and voice over Internet protocol services; broadband Internet access services; video-on-demand and Internet protocol TV services; and business communications services comprising leased line solutions, Internet data center solutions, and network solution services. The E-Commerce Services operates 11st, an online open marketplace; Syrup Wallet, a mobile wallet service; OK Cashbag, a loyalty points program; and 11Pay, a convenient and secure payment service. The Other Businesses segment provides portal services under Nate brand name; high-end audio devices and other portable media devices; and residential and small business electronic security and other related alarm monitoring services, as well as operates One Store, a mobile application marketplace. SK Telecom Co., Ltd. was founded in 1984 and is headquartered in Seoul, South Korea.