SK Telecom - M&A Summary and Business Overview

CommunicationsCompany

SK Telecom M&A Summary

SK Telecom has acquired 11 companies, including 1 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 3 assets.

SK Telecom’s largest acquisition to date was in 2007, when it acquired Hanaro Telecom for $1.2B. It’s largest disclosed sale occurred in 2009, when it sold Virgin Mobile USA to Sprint for $483M. SK Telecom has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include communications (37%) and electronics (19%).

SK Telecom Business Overview

Where is SK Telecom headquartered?

SK Telecom is headquartered in Seoul, South Korea.

What is SK Telecom’s revenue?

SK Telecom disclosed revenue of 16,748,585M KRW for 2021 and 18,624,651M KRW for 2020.

What sector is SK Telecom in?

SK Telecom is a communications company.

When was SK Telecom founded?

SK Telecom was founded in 1984.

M&A Summary

  • M&A Total Activity14
    • M&A Buy Activity11
    • M&A Sell Activity3
  • Total Sectors Invested 7
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 9

SK Telecom

SK Telecom Co. Ltd.

SKT Tower, 65, Eulji-ro, Jung-gu,
Seoul, 04539
South Korea,
+82 261002114
www.sktelecom.com

SK Telecom is a provider of wireless telecommunications services in Korea. SK Telecom was founded in 1984 and is based in Seoul, South Korea.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 10 - - - 1 - 11
vol $1.2B $1.2B
Sell (0.0/yr) # 3 - - - - - 3
vol $483M $483M
  14

Most Recent M&A

Company Date Value Type
Joby Aviation, Inc. 2023-06-29 - Stake Purchase
Santa Cruz, California · www.jobyaviation.com
Shopkick, Inc. 2019-06-25 - Divestiture
Redwood City, California · www.shopkick.com
ADT Caps Co. Ltd. 2018-05-09 3M KRW Add-on Acquisition
Seoul, South Korea · www.adtcaps.co.kr
Shopkick, Inc. 2014-09-26 - Add-on Acquisition
Redwood City, California · www.shopkick.com
iRiver Co., Ltd. 2014-08-01 - Add-on Acquisition
Seoul, South Korea · www.iriver.co.kr
Virgin Mobile USA, Inc. 2009-11-24 483M USD Sold to Existing Investors
Warren, New Jersey · www.virginmobileusa.com
Helio LLC 2008-06-27 - Divestiture
Los Angeles, California
Hanaro Telecom Inc. 2007-12-03 1.2B USD Add-on Acquisition
, South Korea
Helio LLC 2007-02-02 - Add-on Acquisition
Los Angeles, California
YBM Seoul Records Inc. 2005-05-27 29M USD Stake Purchase
, South Korea
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 4 (36%) 1.2B (96%) 2 (67%) 483M (100%)
Electronics 2 (18%) 1M (< 1%) - -
Internet Software and Services 1 (9%) - 1 (33%) -
Airlines 1 (9%) - - -
Leisure 1 (9%) 29M (2%) - -
Media 1 (9%) 12M (1%) - -
Safety/Security 1 (9%) 3M (< 1%) - -
Total 11 $1.2B 3 $483M

By Geo

State/Country Buy Value Sell Value
United States 6 1M 3 483M
  California 4 1M 2 -
  New Jersey 1 - 1 483M
  Mississippi 1 - - -
South Korea 5 1.2B - -
Domestic 5 (45%) 1.2B (100%) - -
Cross-border 6 (55%) 1M (< 1%) 3 (100%) 483M (100%)
Total 11 $1.2B 3 $483M

Deal Values

buy # Total
> $1B 1 $1.2B
< $100M 4 $45M
TOTAL $1.2B
Largest Hanaro Telecom Inc.
$1.2B (2007-12-03)
sell # Total
$100M to $1B 1 $483M
TOTAL $483M
Largest Virgin Mobile USA, Inc.
$483M (2009-11-24)

M&A Connections

Deals
Acquired from
Investor(s)
27%
3 (27%)
Divested to
Strategic(s)
100%
3 (100%)

Company Summary

SECTOR

Communications

Revenue

16,748,585   11% 2021
18,624,651   5% 2020
17,743,702   6% 2019
16,873,960   4% 2018
17,520,013   2017
(millions of KRW) Show More Show Less

Established

1984

Public

NYSE: SKM

Former Name

Korea Mobile Telecommunications Co., Ltd.

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