South Korea's SK Telecom said that first quarter revenue rose 1.4% year-on-year to 2.88 trillion Korean won (2.15 billion US dollars) thanks to a 4% increase in subscribers. As a result of increased spending on its WCDMA network, SK said that capital spending climbed 25% to 348 billion won.
SK said that wireless internet revenue rose 5% in the first quarter to 625 billion won thanks to growth in flat rate data plan subscribers and phone mail use. source: SK Telecom statement
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