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South Korea - SK Telecom revenues up 0.7%, net profit grows to KRW 364 bln.

Telecompaper Africa/Asia

| July 29, 2010 | COPYRIGHT 2008 Financial Times Ltd. (Hide copyright information)Copyright

Korean carrier SK Telecom's revenues for the second quarter rose 0.7 percent to KRW 3.089 trillion, backed by growth in total subscriber numbers including flat rate calling plan subscribers. Wireless internet sales improved 6.4 percent to KRW 712.9 billion, while 2B revenue in Q2 marked KRW 190.7 billion. Net income increased 16.8 percent to KRW 364 billion. The cumulative number of subscribers increased by approximately 5.5 percent YoY, from 23.83 million to 25.14 million. The ARPU of smartphone subscribers, including voice call charges and data communication …

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