SK Telecom (NYSE: SKM) launched ‘SKT GPU-as-a-Service’ (SKT GPUaaS) today at its AI Data Center (AIDC) in Gasan, Seoul, South Korea. The company has been preparing to launch this on-demand artificial intelligence (AI) cloud service as part of its dedicated AIDC business by investing in Lambda, a global GPU cloud company, to secure stable GPU supplies and expertise. SKT GPUaaS allows businesses to choose the number and duration of GPUs depending on the scale or purpose of AI services, and can configure customized packages, such as standalone servers, firewalls and dedicated lines. Prices are flexibly determined depending on the contract period, the number of GPUs, and the form of prepaid billing. By utilizing the ‘AI Cloud Manager’ launched last October, GPU resources can be managed more efficiently. The AI Cloud Manager is a solution that manages numerous GPU resources as if they were a single computer to maximize GPU performance and support reducing the learning time required for AI development. The GPUaaS launched this time is based on NVIDIA H100 Tensor Core GPUs. SK Telecom plans to introduce one of the latest GPUs, NVIDIA H200 Tensor Core, in the first quarter of 2025. By introducing the H200 in South Korea, SK Telecom plans to create an environment where domestic companies can develop AI technology and services more quickly and also to boost the expansion of GPUaaS customers. “The introduction of GPUaaS marks the first instance of our AI Data Center business actively reaching out to customers. This is a crucial step in positioning SK Telecom as a major force in the AI infrastructure arena,” said Kim Myong-gook, head of SK Telecom’s GPUaaS business. “Our goal is to boost our clients' competitiveness by leveraging our GPU as a platform for their AI services.”

SK Telecom (NYSE: SKM) announced today that it has signed a collaboration agreement with SK hynix and Penguin Solutions (NASDAQ: PENG) to pursue joint research, development, and business promotion of artificial intelligence data center (AIDC) solutions. The agreement ceremony was held today at CES 2025 in Las Vegas, Nevada, U.S., and was attended by the CEOs of each company: Ryu Young-sang, CEO of SK Telecom, Justin Kim, AI Infrastructure President of SK hynix, and Mark Adams, CEO of Penguin Solutions. SK Telecom signed a $200 million strategic investment agreement with Penguin Solutions in July of 2024, and shortly thereafter, together with SK hynix and Penguin Solutions, formed a task force to explore ways to leverage their complementary capabilities to enhance customer offerings. Through the collaboration agreement, the three companies will explore business opportunities in the Asia-Pacific and Middle East markets, including Japan, that could enable global expansion. In addition, they plan to build on their respective existing software capabilities to jointly develop and commercialize a full-stack software solution needed to build and operate AIDCs. Furthermore, SK hynix and Penguin Solutions plan to cooperate in the development of next-generation data center memory technology. “This collaboration agreement lays the foundation for building globally competitive AI data centers,” said Ryu Young-sang, CEO of SK Telecom. “We will combine the unique technologies of SK Group, such as semiconductors, energy, cooling and memory, with cooperation from global companies to discover and develop a highly competitive AI infrastructure business model.” “Innovation of semiconductor memory technology is essential for the efficient operation of AI data centers, and improving power efficiency and heat dissipation performance is the key challenge,” SK hynix said, “Through collaboration with SK Telecom and Penguin Solutions, we plan to overcome the limitations of memory technology and lead the expansion of global AI ecosystem." “Today’s collaboration announcement with SK Telecom and SK hynix for the development of AI data centers builds on Penguin’s strengths in solving the complexity of AI,” said Mark Adams, CEO of Penguin Solutions. “Penguin is excited about the potential of expanding our design, build, deployment, and management of cutting-edge AI solutions by leveraging the broad technology capabilities of SK Telecom and SK hynix, and bringing our experience and innovative expertise into additional markets to provide value to new customers.”

SK Telecom (NYSE: SKM) is showcasing its leading artificial intelligence (AI) technologies at the Consumer Electronics Show (CES) 2025 in Las Vegas, Nevada, U.S., from Jan. 7-10. Under the theme ‘Innovative AI, Sustainable Tomorrow,’ the company is operating a joint booth with SK Group affiliates. At CES 2025, SK Telecom is introducing a total of 21 items, including four AI data center (AIDC) solutions for AI, energy, operation, and security offered by the SK Group. A large LED pillar in the middle of the AIDC booth represents the dynamic data flow of SK Group’s AIDC. SK Telecom’s global AI agent, ‘Aster (A*),’ set for a beta launch in March targeting the North American market, is also revealing specific service plans through on-site demonstrations. Various AI-enabled security technologies are also showcased at SK Telecom’s booth. ‘ScamVanguard,’ an AI-based mobile financial fraud detection and prevention technology, won the ‘Best Innovation Award’ at CES last month. SK Telecom is introducing its core AI technologies at the booth. These include ‘Litmus Plus,’ an AI-based indoor and outdoor crowd and network data analysis system; ‘X Caliber,’ an AI-based veterinary diagnosis assistant system; ‘AI Quantum Camera,’ applied in fields such as robotics, security, media, and medical; ‘GenAd,’ an AI-based advertising production solution; and ‘AI Media Studio,’ a media processing and content quality improvement platform. In addition, five global partner companies, including Gauss Labs, Lambda, Anthropic, Perplexity and Penguin Solutions, that have established a continuous cooperation relationship with SK Group in AI technology and business, are also participating in the exhibition. [Image 1] ‘Innovation Gate’, the entrance to the SK booth at CES 2025 [Image 2] SK Booth visualized data flow at AI data center (AIDC) [Image 3] SK Booth visualized data flow at AI data center (AIDC) [Image 4] ‘Sustainable Tree’ at the SK booth at CES 2025 [Image 5] ‘Aster’ booth, a global AI agent being developed by SK Telecom

SK Telecom (NYSE: SKM) announced today that it will invest $3 Million in Twelve Labs, a video understanding company gaining major attention in the global AI industry. The San Francisco-based startup, established in 2021, develops multimodal video foundation models that can understand video content like humans do.The company is backed by leading venture capitalists, technology companies, AI luminaries, and successful founders. Twelve Labs provides industry-leading video AI solutions designed to unlock the full potential of vast enterprise video archives. Its proprietary multimodal foundation models, Marengo and Pegasus, bring human-like understanding to videos, enabling precise semantic search, summarization, analysis, Q&A, and more. Additionally, both companies agreed to join forces in developing and advancing technologies for implementing multimodal AI in security and public safety applications, such as AI surveillance systems. Unlike traditional surveillance systems where a single operator had to monitor numerous CCTV feeds for long hours, Twelve Labs' multimodal AI model allows for quick searching and summarizing of key incidents, movements, and individuals from any given day. Multimodal AI technology enables better understanding of users. As it is expected to enable seamless interaction when deployed in customer service, SK Telecom and Twelve Labs plan to explore various opportunities for collaboration. “Through the partnership with SKT, we’re looking forward to providing our video foundation models to various industry use cases and provide real value in daily workflows in the ecosystem,” said Jae Lee, CEO of Twelve Labs. "Through the cooperation of the two companies, we will further strengthen our competitiveness in the multimodal AI field," said Lee Jae Shin, Head of AI Growth Strategy at SK Telecom. "We plan to expand our business areas and the range of services we offer so that customers can truly experience AI innovation."

SK Telecom (NYSE: SKM) today announced the successful completion of its AI Customer Service Support System beta service, marking a significant milestone in the evolution of its customer service technology. The system, powered by SK Telecom's proprietary telecommunications-specialized large language model (Telco LLM) and large multimodal model (LMM), has been delivering solid results since its mid-October launch. In a strategic collaboration with leading global LLM companies, SK Telecom has developed a sophisticated AI system specifically tailored for telecommunications applications. The company’s year-long journey involved comprehensive restructuring of its knowledge management system, extensive model optimization, and the creation of rich training datasets with input from dozens of customer service experts. Through rigorous testing and iterative reinforcement learning, SK Telecom has refined its Telco LLM and LMM to meet the unique demands of telecommunications services. A key innovation in the system is the implementation of Retrieval Augmented Generation (RAG), which significantly enhances response accuracy by retrieving relevant information and leveraging this information in the response generation. The company’s Telco LMM takes this capability further by processing both text and telecommunications-related images, creating a truly comprehensive service solution. The AI Customer Service Support System introduces three transformative features: the AI Knowledge Search Assistant, Intelligent Document Processing, and the Automated Post-Processing System for Consultation Results. The AI Knowledge Search Assistant, launched October 21, is a natural language interface that enables agents to instantly access relevant information without manual searching, similar to advanced AI platforms like Perplexity or ChatGPT. The service is being refined through real-world usage and will be fully deployed across all customer service operations in 2025. Intelligent Document Processing, implemented on October 23, is an LMM-powered system that automatically categorizes and processes various customer-submitted documents received through multiple channels. Future updates will introduce automated content analysis capabilities, significantly reducing document verification time. The Automated Post-Processing System for Consultation Results, scheduled for December release, will automate many tasks, including categorizing and summarizing consultation outcomes. This automation will reduce the minutes-long post-call documentation process significantly, allowing agents to serve more customers efficiently while maintaining comprehensive consultation records. This enhancement allows agents to serve more customers efficiently while maintaining comprehensive consultation records. Initial feedback from the month-long beta test has been positive. Agents report exceptional performance from the Telco LLM, particularly noting its ability to streamline information access and reduce workload for newer team members. The automated document classification system has notably improved operational efficiency, allowing agents to focus more on customer interactions. “Our transformation into an AI contact center represents more than just operational efficiency — it’s about delivering truly personalized, customer-centric service,” said Hong Seung Tae, Vice President and Head of Customer Value Innovation Office at SK Telecom. “Through our Telco LLM-based AI Customer Service Support System, we expect to set new standards in customer service excellence and position ourselves as the industry leader in AI-driven customer support.”

SK Telecom (NYSE:SKM, “SKT”) today announced its earnings for the third quarter of 2024 on a K-IFRS consolidated basis: revenue of KRW 4.5321 trillion, operating income of KRW 533.3 billion, and net income of KRW 280.2 billion. Compared to the same period last year, SKT’s consolidated revenue increased by 2.9% thanks to steady growth in roaming and the enterprise sector.Operating income improved by 7.1%, driven by enhanced efficiency through the introduction of artificial intelligence (AI) throughout the company. This improvement was also due to the enhancement in fundamentals resulting from operational improvements (OI). On a non-consolidated basis, SKT’s sales reached KRW 3.2032 trillion this quarter, with an operating profit of KRW 457.0 billion and a net profit of KRW 222.4 billion. SKT has been laying the groundwork to transform itself into a global AI company over the past three years by leveraging its company-wide capabilities. This year, as SKT accelerates the creation of an AI revenue model, the company has strategized to speed up its transition by selecting and focusing on three businesses that can quickly generate revenue: AI data centers, AI business-to-business (enterprise business) and AI business to consumer (personal service). The data center business recorded an 14% YoY revenue growth, backed by a continuous increase in the utilization rate. SKT plans to further increase its business growth rate by evolving and advancing into the AI data center business, which has recently seen a surge in demand. SKT’s data center in Gasan, Seoul, is set to transform into an AI data center andis expected to open in December, with the subscription-based AI cloud service, GPU-as-a-Service (GPUaaS), slated to launch within the year. GPUaaS aims to be a competitive service that enhances GPU accessibility for domestic companies that find it difficult to directly purchase GPU resources. SKT is also set to open the first and only AIDC testbed in Pangyo, Korea, in December this year. The facility will feature various solutions from SK Group and partners including SK hynix’s HBM, the latest AI chips and next-generation liquid cooling solutions. This will serve as a hub for leading technological innovation, showcasing SKT’s unparalleled capabilities. In addition, SKT plans to build a nationwide AI infrastructure as a mid- to long-term strategy. The plan is to evolve into a nationwide AI infrastructure by introducing Edge AI technology to base stations, centered around regional AIDCs and GPUaaS in the metropolitan area. The strategy aims to establish a leading ‘AI Infrastructure Superhighway’ that connects the entire country, positioning it as a key infrastructure to promote the activation of the AI ecosystem. Thanks to the expansion of data centers and cloud business, SKT’s enterprise business grew by 8% YoY, with the cloud business recording a substantial growth of 30% YoY. The enterprise AI business is also expected to become a core focus of future B2B business, as SKT continues to receive orders from various industries. The AI personal assistant service, ‘A.’ (A-DoT), surpassed 5.5 million cumulative subscribers by the end of September, spurred by a major overhaul in August. In October, it was rebranded as ‘A. Phone,’ incorporating AI features into T-phone, and it is rapidly expanding the scope of AI personal service from phone calls to LLM searches, including the introduction of ‘Multi LLM Agent,’ the PC version of A-DoT. The mobile business continued to drive subscriber net additions, securing 16.58 million 5G subscribers by the end of September, with 5G customers constituting more than 73% of the total user base. SKT also secured 9.62 million pay TV subscribers and 7.11 million broadband subscribers. In the third quarter, the number of roaming customers increased by 23% YoY to approximately 1.36 million. This growth was largely driven by the immense popularity of the family roaming service introduced in June last year. SKT declared the third quarter dividend at KRW 830 per share. “Our focus is on driving growth in three profitable AI areas, including AI data center, AI B2B and AI B2C businesses,” said Kim Yang-seob, CFO of SKT. “We will continue to enhance corporate value by advancing our two core businesses — telecommunications and AI — while maximizing returns for shareholders.” ※The conference call in regard to SKT’s 3Q 2024 earnings results can be heard via SKT’s webpage on Wednesday, Nov. 6, from 14:00 KST. Link:https://irsvc.teletogether.com/skt/skt2024Q3_eng.php ※Attachment 1.Summary of Consolidated Income Statement(Unit: KRW billion) Type 24.3Q 23.3Q YoY 24.2Q QoQ Revenue 4,532.1 4,402.6 2.9% 4,422.4 2.5% Operating Income 533.3 498.0 7.1% 537.5 △0.8% Net Income 280.2 308.2 △9.1% 350.2 △20.0% ※Attachment 2.Summary of Non-Consolidated Income Statement(Unit: KRW billion) Type 24.3Q 23.3Q YoY 24.2Q QoQ Revenue 3,203.2 3,148.4 1.7% 3,191.5 0.4% Operating Income 457.0 407.1 12.3% 450.4 1.5% Net Income 222.4 250.4 △11% 280.3 △20.7%

SK Telecom (NYSE: SKM) today unveiled ‘Aster(A*)’, an artificial intelligence (AI)-driven personal assistant tailored for global users, at the SK AI Summit 2024. Aster, presented on the second day of the summit during the session titled ‘Navigate Your Life with a Personal AI Agent,’ conveys the meaning of a ‘Guiding Companion’ for everyday life. The service is scheduled to launch a closed beta in North America later this year, with a full market launch planned for the following year. Aster is designed as an ‘Agentic AI,’ going beyond simple Q&A or search functions by understanding users' intentions to set goals, make plans, and complete tasks on their behalf. SK Telecom aims to deliver innovative experiences through Aster, guided by concepts such as ‘Planning Made Easy,’ ‘Never Drop the Ball,’ and ‘Timely Answer.’ To bring these concepts to life, SK Telecom is focused on optimizing its large language model (LLM) and Agent platforms. This will enable the delivery of personalized information and the planning and execution of tasks based on the identified intentions of customers. In the beta version, Aster can assist with requests such as, “Help me prepare dinner for a party this weekend.” The system then prompts relevant questions to clarify needs, for example, “Would you prefer a chicken satay salad or turkey and vegetable stir-fry?” Aster subsequently structures each step of the task, from suggesting recipes and listing ingredients to organizing a cooking schedule. It can even connect users with services to purchase listed items. SK Telecom plans to enhance Aster’s capabilities through partnerships with global search providers, LLM developers, and third-party applications aiming to establish a comprehensive AI ecosystem for North American users. <Image of Aster> “With Aster, users are interacting with a single app, but they’re actually tapping into an extensive AI ecosystem,” said Chung Suk-geun, Head of the Global/AI Tech Business at SK Telecom. “We’re committed to providing unparalleled value and convenience to our customers through continuous development and strategic collaborations.”

SK Telecom (NYSE: SKM) has revealed plans to expedite the company’s artificial intelligence (AI) initiatives by constructing an ‘AI Infrastructure Superhighway.’ On the first day of the two-day AI event, which ran from November 4 to 5, CEO Ryu Young-sang presented the company’s strategy during his keynote speech on the AI Infrastructure Superhighway. The plan is based on a robust connection of national AI infrastructure along three core axes: AI data centers (AIDCs), a cloud-based GPU service (GPU-as-a-Service, GPUaaS), and Edge AI. Based on this strategy, the company plans to expand globally in collaboration with partners in Korea and abroad. Constructing AI Data Centers in South Korea’s key regions SK Telecom plans to start with hyperscale AIDCs that require more than 100 megawatts (MW) in local regions, with future plans to expand its scale to gigawatts (GW) or more, to leap forward as the AIDC hub in the Asia Pacific region. By extending the AIDC to national bases, centers can secure a stable power supply through the utilization of new renewable energy sources such as hydrogen, solar and wind power, and easily expand to global markets through submarine cables. SK Telecom anticipates building AIDC cost-effectively when the data center combines SK Group’s capabilities in high-efficiency next-generation semiconductors, immersion cooling, and other energy solutions, along with its AI cluster operation. Prior to this, SK Telecom plans to open an AIDC testbed in Pangyo, Korea, in December, which combines the capabilities of the SK Group and various solutions owned by partner companies. This facility, where all three types of next-generation liquid cooling solutions—direct liquid cooling, immersion cooling, and precision liquid cooling—are deployed, will be the first and only testbed in Korea. It will also feature advanced AI semiconductors like SK hynix’s HBM, as well as GPU virtualization solutions and AI energy optimization technology. This testbed will provide opportunities to observe and experience the cutting-edge technologies of a future AIDC. Supplying GPU via cloud to metropolitan areas SK Telecom plans to launch a cloud-based GPU-as-a-Service (GPUaaS) by converting the Gasan data center, located in the metropolitan area, into an AIDC to quickly resolve the domestic GPU shortage. Starting in December, SK Telecom plans to launch a GPUaaS with NVIDIA H100 Tensor Core GPU through a partnership with U.S.-based Lambda. In March 2025, SK Telecom plans to introduce NVIDIA H200 Tensor Core GPU in Korea, gradually expanding to meet customer demand. Through the AI cloud services (GPUaaS), SKT aims to enable companies to develop AI services easily and at a lower cost, without needing to purchase their own GPUs, ultimately supporting the vitalization of Korea’s AI ecosystem. Introducing ‘Edge AI’ to open a new opportunity in telco infrastructure SK Telecom plans to introduce ‘Edge AI,’ which can narrow the gap between AIDC and on-device AI, using the nationwide communication infrastructure. Edge AI is an infrastructure that combines mobile communication networks and AI computing, offering advantages in reduced latency, enhanced security, and improved privacy compared to large-scale AIDCs. Additionally, it enables large-scale AI computing, complementing the existing AI infrastructure, compared to on-device AI. SKT is currently conducting research on advanced technologies and collaborating with global partners to build AIDC-utilizing communication infrastructure and develop customized servers. The company is also carrying out various proof of concept (PoC) projects across six areas, including healthcare, AI robots, and AI CCTV, to discover specialized Edge AI services. “So far, the competition in telecommunications infrastructure has been all about connectivity, namely speed and capacity, but now the paradigm of network evolution should be changed,” said Ryu Young-sang, CEO of SK Telecom. “The upcoming 6G will evolve into a next-generation AI infrastructure where communication and AI are integrated.” Developing a comprehensive AIDC solution to enter global market SK Telecom plans to develop a comprehensive AIDC solution that combines AI semiconductors, data centers, and energy solutions through collaboration with AI companies in Korea and abroad, with the aim of entering the global market. SK Telecom aims to lead the global standardization of Edge AI and collaborate on advanced technology research, while working towards the transition to 6G AI infrastructure.

SK Telecom (NYSE: SKM, “SKT”) today released its latest white paper, ‘SK Telecom 6G White Paper: View on Future AI Telco Infrastructure,’ laying out the evolution direction of the next generation telco network infrastructure through the convergence of artificial intelligence (AI) and telecommunications. In its first 6G white paper published last year, SKT provided an analysis of the key requirements for 6G standardization, technology trends, candidate frequencies, among others. In this latest 6G white paper released this year, SKT defines the key elements for 6G infrastructure evolution as ‘Cloud-Native, Green-Native, and AI-Native,’ and presents the direction of the 6G infrastructure evolution based on the ubiquitous intelligence emphasized in the International Telecommunication Union's (ITU) 6G Framework Recommendations (IMT-2030). In the 6G era, the company anticipates adopting a flexible network architecture based on ‘Generation Mix,’ which appropriately combines previous generations of mobile communications, while considering data traffic demands and specialized services. SKT’s white paper also highlights the concept of ‘Telco Edge AI’ infrastructure, which combines telecom network infrastructure and AI to simultaneously provide real-time data processing and AI services. SKT asserts that the next-generation telecommunications business should move beyond simply generating revenue based on traffic demand and shift its paradigm toward enhancing the value of the infrastructure itself. To this end, SKT explains that the value of telecommunications networks can be enhanced by integrating AI solutions into telecom infrastructure, allowing real-time AI inference. The white paper further emphasizes that for a successful evolution, it is essential to build global ecosystem partnerships, discover promising business models, and advance technology in areas such as radio access networks, core networks, transport networks, devices, and AIorchestration. “Through this white paper, we aim to present the direction of the next-generation infrastructure evolution based on Telco Edge AI and explore the expansion of the relevant ecosystem,” said Yu Takki, Vice President and Head of Infra Technology Office at SKT. He added, “We are committed to leading the transition to 6G by developing AI-powered wireless and wired networks that create new value through the convergence of AI and telecommunications.” The full white paper can be accessed by clickinghere.

SK Telecom (NYSE: SKM, “SKT”) announced a complete overhaul of its innovative artificial intelligence (AI) service, ‘A.’ (A-DoT). The revamp aims to transform the A. app into an AI personal assistant focused on enhancing daily convenience for customers. The most significant feature of this revamp is the enhancement of natural conversation experience based on a large language model (LLM) and the strengthening of daily management functions through multi-agents. The entire user experience (UX) has been overhauled to enable flexible conversations with an LLM-based agent. A. has integrated all essential functions into the new ‘Daily’ feature, including calendar, tasks, schedules, routines and sleep. This enables comprehensive management of all aspects of a user’s daily routines. Users can save and manage appointments, meetings, to-dos and more through voice commands, reducing the need for conventional, tedious typing. Moreover, the new service greatly enhances the daily AI personal assistant experience by providing customized suggestions tailored to the user’s personal situation, preferences and other factors, such as alerting the user to weather or traffic conditions before their appointments. [Users can utilize voice commands to schedule meetings in their calendars. A. also provides customized suggestions, such as traffic and weather conditions, based on the user’s schedule.] In the updated A. app, users can access an array of seven multi-LLM agents. These include Perplexity, A.X, ChatGPT 3.5 turbo, ChatGPT 4o, Claude Haiku, Claude Opus and Claude Sonnet. Each agent offers unique conversational AI capabilities tailored to the user’s specific needs. Users can select an LLM engine that aligns with objectives, enabling them to compare responses from various models for the same query. These features will be provided free of charge for the time being. [Users can access the multi-LLM agent service on A., which offers seven agents: Perplexity, A.X, ChatGPT 3.5 turbo, ChatGPT 4o, Claude haiku, Claude opus and Claude sonnet.] In addition, the app provides specialized agent services across various fields, including music, media and stocks, ensuring a comprehensive and immersive user experience. “The A. overhaul ensures a more natural and convenient conversational experience as if the users are interacting with a real personal assistant,” said Kim Yonghun, Vice President and Head of the AI Service Business Division at SKT. “We will continue to innovate to provide AI services that save our customers’ precious time and enhance convenience and quality of life.” *Disclaimer: A.(A-DoT) is currently only available in Korean.