SKM - SK Telecom: Top Dog In The Telecommunications Space

2024-07-04 05:17:22 ET

Summary

• SK Telecom is a top player in the telecommunications space worthy of a Buy rating, taking into account market share data and third-party research.
• SKM is the leading mobile services provider in South Korea, with an estimated market share in the 40%-50% range.
• SK Telecom was recently named by Omdia as the No. 1 telecommunications company with regard to AI competitiveness.

Elevator Pitch

SK Telecom Co., Ltd. ( SKM ) [017670:KS] stock is assigned a Buy rating.

My previous April 18, 2024 article touched on SKM's comments and disclosures at its Annual General Meeting in March this year. With the current write-up, I turn my attention to SK Telecom's leading position in South Korea's wireless telecommunications market and the progress of its transformation into an AI (Artificial Intelligence) company....

For further details see: