SK Telecom has planned to increase its investment in the next-generation mobile technology, long-term evolution (LTE) and is expected to launch LTE as early as 2010.
SK Telecom is Koreaâ€™s leading telecommunications provider with more than 24 million subscribers, which accounts for more than 50% of the total market. Established in 1984, the company reached KRW 11.67 trillion in revenue in 2008. SK Telecom was the first to launch and commercialize CDMA, CDMA 2001x, CDMA EV-DO and HSDPA networks. It currently provides cellular, wireless internet, mobile media, global roaming service and more. Since its establishment in 1984, SK Telecom has grown into a major player in the global information communications industry.
As the first mobile operator to introduce HSPA+ in Korea, SK Telecom assures a leadership in mobile network technology and expects to take a superior position in commercialization of next-generation networks such as LTE or 4G in the future.
During a press conference last year by the CEO Man-Won Jung of SK Telecom, which is the largest mobile operator in South Korea, he confirmed that they are currently researching and evaluating LTE, and that he sees a commercial launch in 2013.