SKT "AI Revenue Share to Reach 35% by 2030... Returning Over Half of Net Profit to Shareholders"

Announcement of Corporate Value Enhancement Plan

Yu Young-sang, President of SK Telecom [Photo by Yonhap News]

SK Telecom has announced plans to increase the proportion of artificial intelligence (AI) sales to 35% by 2030. Additionally, the company will return more than 50% of its net income to shareholders from this year through 2026.

SK Telecom disclosed this corporate value enhancement plan on the 24th. The company set three core goals: △ capital efficiency △ AI Vision 2030 △ shareholder returns.

First, it aims to raise the return on equity (ROE), which was around 9.6% last year, to over 10% by 2026, and plans to return more than 50% of the adjusted consolidated net income to shareholders from this year through 2026.

The company also announced the AI Vision 2030 plan to achieve total sales of 30 trillion won and increase the AI sales ratio to 35% by 2030. Accelerating its transformation into an AI company, SK Telecom declared its commitment to creating "profitable AI." It will focus on AI data centers, business-to-business (B2B), and business-to-consumer (B2C) businesses.

By integrating AI across the telecommunications business, SK Telecom will promote synergy between new businesses and telecommunications. It will actively sell non-core and low-efficiency assets and minimize operating expenses of tangible and intangible assets. To improve its financial structure, the company plans to reduce its debt ratio and interest burden by 2026, accelerating the securing of investment funds for growth.