SK Telecom today said 2014 revenue increased 3.4 percent to 17.164 trillion won or $15.69 billion backed by strong LTE subscriber base.
Net income rose 11.8 percent to 1.799 trillion won.
Increased sales were mainly due to LTE, new businesses including the enterprise solution business and growth of its subsidiary companies. Sales from its new businesses, including the enterprise solution business, increased 12.7 percent.
As of December 2014, SK Telecom has attracted 16.73 million LTE subscribers, which accounts for around 58 percent of its total mobile subscriber base.
“This year, SK Telecom will continue to strengthen its product/service competitiveness by expanding customer benefits and generate tangible results in the new growth businesses by leveraging its differentiated network competitiveness,” said Hwang Keun-joo, executive vice president and head of Strategy and Planning Division at SK Telecom.
editor@telecomlead.com
