Q1 quarter SK Telecom has 5G users 2.65 million, and it has achieved considerable mobile business income.

"Thanks to the growth of 5g users and the increase of data usage, SK Telecom (SKT), South Korea's largest operator, achieved considerable mobile business revenue in the first quarter of this year, but its profit was impacted by the increase of capital expenditure. By the end of March this year, the operator had 2.65 million 5g users, up from 2.22 million at the end of 2019. Sk Telecom said that it plans to launch special next-generation services including cloud games and AR / VR services, and strengthen marketing activities on "5g cluster", in which customers can experience these facilities. In the first quarter, SK Telecom's mobile service revenue increased by 4.4% to 2.48 trillion won (c114 note: About US $2.02 billion). Despite the decline in international roaming revenue and the slow growth of the industry as a result of the COVID-19 pandemic, the operator said it has increased. The total number of mobile phone users increased by 4.4% to 28.75 million, and ARPU increased by 1.9% to 30777 won. On the other hand, its quarterly net profit decreased by 17.9% to 306.8 billion won due to the increase of 5g network investment cost (including spectrum license fee) and the decline of stock income of semiconductor company SK Hynix (although reversing the loss in the fourth quarter of 2019). Thanks to the growth of mobile, broadband, security and new services, its comprehensive revenue increased by 2.7% to 4.45 trillion won. In a statement, Yoon poong young, chief financial officer of SK Telecom, said: "in the past three years, we have diversified our business portfolio focusing on mobile communication, media, security and business to achieve sustainable long-term growth. We will successfully overcome the current crisis by achieving balanced growth in four major business areas. " Responsible editor: GT, read the full text“

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