SK Telecom reported a 2.2% year-on-year rise in revenue to 4.4 trillion Korean won (3.4 billion US dollars) for the first quarter of 2023. It attributed the rise to 5G and pay TV subscriber growth and revenue growth in its B2B businesses, particularly its data centre business.
SK Broadband claimed to have achieved the highest net additions of IPTV and broadband subscribers in the market. At the end of the first quarter, SK Broadband’s pay TV subscribers and broadband subscribers stood at 9.4 million and 6.76 million, respectively, up from 9.1 million and 6.61 million a year earlier. Source: SK Telecom statement