SK Telecom To Split Out SK Horizon With Investments From KKR And An IMM Investment Consortium Contributing To ₩3.08T In Total Equity Investments
The surviving company will focus on innovation in its fixed-line, media, and enterprise businesses, while the newly established company will aim to expand Korea’s leading AI data center (AIDC) infrastructure. Based on
SK Telecom is splitting into two companies: one keeps phone and internet service, the other focuses on AI data centers. Big investors like KKR are putting in money, which shows they think the AI business could grow.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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