SK Telecom

SKM

Market cap $8.1B

Every new year brings the same ritual. Investors clean the slate, dust off their watchlists, and go hunting for what the market has mispriced.

SKM unveils A.X K1, a 519B-parameter "Teacher Model," positioning it as national AI infrastructure and expanding Korea's hyperscale AI ambitions.

SKT consortium conducts Korean government's 'Sovereign AI Foundation Model' project with A.X K1, positioning Korea for Global Top 3 AI Powers A.X K1: Korea's first 'Teacher Model' for smaller and specialized applications SK Telecom realizes AI as public good, advancing Korean government's 'AI for Everyone' with 20 million-user service foundation SKT consortium's full-stack AI ecosystem positioned to serve as national AI infrastructure SEOUL, South Korea , Dec. 27, 2025 /PRNewswire/ -- SK Telecom (NYSE: SKM) today unveiled 'A.X K1,' Korea's first hyperscale artificial intelligence (AI) model with 519 billion (519B) parameters. A.X K1 (519B-A33B) is poised to serve as the core foundation for Korea's ambition to become a top-three global player in the AI race, following the U.S. and China.

South Korea's consumer agency said on Sunday it would order SK Telecom to compensate 58 users who filed a class action against the company over a recent hacking incident.

SK Telecom Co., Ltd. ( SKM ) Q3 2025 Earnings Call October 29, 2025 9:00 PM EDT Company Participants Jun Chung Hee - VP & Head of IR Yang-Seob Kim - CFO, Head of Corporate Planning Center & Executive Director Ji Hoon Kim - Head of AI Business Strategy Office Conference Call Participants Jae-min Ahn - NH Investment & Securities Co., Ltd.

SK Telecom trades at ~4x EV/EBITDA and under 10x earnings, a steep discount compared to global peers and its own history. A major cybersecurity breach in April 2025 led to customer churn and one-time costs, causing a sharp decline in profitability. The company's aggressive AI investments and valuable stakes in startups, like Anthropic and Perplexity AI, are largely unrecognized in its current valuation.

South Korea's SK Telecom was fined on Thursday about 134 billion won ($96.53 million) after the country's largest mobile carrier suffered a cyberattack this year causing the leak of data for nearly 27 million users.

SK Telecom Co., Ltd. (NYSE:SKM ) Q2 2025 Earnings Conference Call August 6, 2025 1:00 AM ET Company Participants Hyunwoo Lee - Head of AI DC Development Office Jae Woong Yoon - Head of Marketing Strategy Office Jun Chung Hee - VP & Head of IR Yang-Seob Kim - CFO, Head of Corporate Planning Center & Executive Director Young Sang Ryu - CEO, President & Executive Director Conference Call Participants Aram Kim - Shinhan Investment Corp., Research Division Hoi Jae Kim - Daishin Securities Co. Ltd.

SK Telecom is undervalued, trading at 4x FWD EBITDA versus peers at 8.5x, with strong FCF growth potential from ongoing capital expenditures. Strategic disposals and alliances, including recent subsidiary sales, are expected to lower net debt and enhance stock valuation in the near future. New AI-driven products, cloud services, and 85,000 Wi-Fi access points position SKM for accelerated revenue and FCF growth despite competitive and regulatory risks.

South Korean authorities ordered on Friday SK Telecom to strengthen data security and imposed a fine after the country's biggest mobile carrier was hit by a cyberattack that caused the leak of 26.96 million pieces of user data.