SKM Joins SK hynix & Penguin Solutions for AI Data Center Innovation
SK Telecom, SK hynix and PENG join forces to capitalize on the growing demand for cutting-edge AI data center solutions.
SK Telecom: A Deeply Undervalued South Korean Leader Embracing AI Innovation
SK Telecom is trading at a very low valuation, with a Price/Earnings ratio of ~10x and a dividend yield of ~6.5%, despite being the market leader in South Korea. The company is investing in artificial intelligence startups such as Anthropic and Perplexity, and collaborating with them to improve services, increase operational efficiency, and develop new revenue streams. SK Telecom boasts a solid balance sheet with low leverage, investment-grade credit ratings, and a commitment to shareholder returns through dividends and share repurchases.
SK Telecom Invests $3M in Twelve Labs for Multimodal AI Innovation
SKM invests $3 million in Twelve Labs to advance multimodal AI technologies that transform industries such as security, public safety and customer service.
SK Telecom Co., Ltd. (SKM) Q3 2024 Earnings Call Transcript
SK Telecom Co., Ltd. (NYSE:SKM ) Q3 2024 Earnings Conference Call November 6, 2024 ET Company Participants Hee Jun Chung - Investor Relations Yang Seob Kim - Chief Financial Officer Conference Call Participants Seung Woong Lee - Yuanta Securities Soojin Kim - Mirae Asset Securities Hoi Jae Kim - Daishin Securities Hee Jun Chung Good afternoon.
SK Telecom: Positive Signs Are Appearing
There are positive indicators relating to the company's new AI offerings and its core wireless services business. SK Telecom's Q2 2024 operating profit increased significantly by +16% YoY with an improvement in the competitive environment and the success of cost optimization measures pertaining to its mobile telecommunications business. SKM's AI revenue contribution has the potential to grow substantially in the future, considering the favorable metrics for its various AI-related businesses.
SK Telecom (SKM) Upgraded to Strong Buy: What Does It Mean for the Stock?
SK Telecom (SKM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
What Makes SK Telecom (SKM) a New Buy Stock
SK Telecom (SKM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
KT vs. SKM: Which Stock Is the Better Value Option?
Investors interested in Wireless Non-US stocks are likely familiar with KT Corp. (KT) and SK Telecom (SKM). But which of these two companies is the best option for those looking for undervalued stocks?
SK Telecom: Top Dog In The Telecommunications Space
SK Telecom is a top player in the telecommunications space worthy of a Buy rating, taking into account market share data and third-party research. SKM is the leading mobile services provider in South Korea, with an estimated market share in the 40%-50% range. SK Telecom was recently named by Omdia as the No. 1 telecommunications company with regard to AI competitiveness.
