Sk Telecom Stock Earnings Reports

Key points for investors: SK Telecom reported Q1 FY2026 consolidated revenue of KRW 4.39 trillion (up 1.5% QoQ) and consolidated operating income of KRW 537.6 billion, returning toward pre-cybersecurity-incident levels. The company achieved handset subscriber net adds of ~210,000 in Q1, supported by membership and price-plan changes, and reported stable fixed-line subscriber growth and higher-tier plan uptake. The AI data center (AI DC) business showed strong momentum (AI DC revenue +89% YoY), with construction underway at Ulsan and plans to scale further (including new sites in Seoul); SKT is pursuing partnerships with global tech players and positioning AI DC as a core growth and infrastructure play. Management is executing a “focus and prioritization” strategy in AI—sharpening B2B full-stack AI capabilities, pivoting away from low-margin activities, and linking AI agents and foundation models to products (e.g., ADAS). Company-wide productivity efforts (enterprise AI tools, call-center transformation) are cited as helping margin recovery. Importantly, SK Telecom has resumed quarterly dividends (Q1 DPS KRW 830) and transferred KRW 1.7 trillion from capital reserves to retained earnings to enable tax-exempt dividends at year-end. Management expects further earnings improvement through telecom profitability recovery, AI data center expansion, and productivity gains, but will decide full-year dividend sizing once annual results are clearer. On next-generation tech, SKT is investigating AI-RAN (two domains: AI-enabled network optimization and using network sites for AI inference/media) but considers commercialization early-stage and will proceed based on maturity and standards.