SK Telecom, South Korea’s largest telecom operator, ended the fourth quarter of the 12 months with a complete of 13.4 million subscribers within the 5G section, up from 12.5 million within the earlier quarter, the service mentioned in its earnings assertion.
Throughout final 12 months, SK Telecom recorded a web addition of three.5 million 5G prospects.
On the finish of the fourth quarter, the operator’s 5G subscribers accounted for 58% of its total handset subscribers, up from 52% on the finish of September 2022.
Within the LTE section, SK Telecom ended the 12 months 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 positive aspects in its knowledge heart and cloud companies.
SK Broadband’s income elevated 2.6 per cent to KRW4.2 trillion.
The telco’s web revenue declined 60.8% to KRW947.8 billion, attributed to the exclusion of fairness positive aspects from SK Hynix, whereas consolidated income elevated 3.3% to KRW17.3 trillion.
SK Telecom mentioned its full-year capex was flat at KRW3 trillion.
In November of final 12 months, the telco’s CEO Ryu Younger-sang mentioned that SK Telecom goals to turn into a man-made intelligence (AI) firm.
Ryu careworn that SK Telecom will form itself into an AI firm by combining AI with a variety of connectivity applied sciences.
To attain the brand new imaginative and prescient, the service unveiled the next three methods designed to innovate its 5 enterprise teams. Final 12 months, the corporate rearranged its enterprise into 5 completely different teams, particularly mounted and cell telecommunications, media, enterprise, AIVERSE (AI+Universe), and related intelligence.
Firstly, the service mentioned it should redefine its core companies with AI. By attaining AI transformation of its mounted and cell telecommunications, media and enterprise companies, the corporate mentioned it goals to create new alternatives and progress drivers.
SK Telecom mentioned it should enhance the general course of to allow prospects to look, subscribe to and use mounted 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 mentioned it should 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 can additionally mix AI expertise to those belongings to supply customized content material to prospects.
In enterprise enterprise, it should facilitate AI transformation of its enterprise prospects via the six principal enterprise areas – particularly knowledge heart, personal community, IoT, cloud, large knowledge 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 mentioned it should spend money on or purchase corporations that may create higher synergies when mixed with its AI applied sciences.